Presidents Day is Cancelled Until We Actually Get One.
The Gladstone
Economic Newsletter
Volume 17, No. 2
February 13, 2022
Presidents Day is Cancelled Until We Actually Get One.
DISCLAIMER: The following is not intended as investment advice, but is rather intended to promote your own analysis of markets and the economic climate. The author is not a registered investment professional. Any action taken as a result of this analysis carries a high degree of risk. This newsletter contains the personal opinion of the author.
Dear readers-
In the United States, we are constantly bombarded with propaganda to an extent not seen since Nazi Germany. Our nightly “news” broadcasts seemingly come straight from Joseph Goebbels’ Propaganda Ministry. Let me give you an example: In 2021, the world was horrified that 215 unmarked graves were discovered at the Kamloops Indian Residential School in British Columbia. The media was full of reports of abuse, mass murder, and cries for justice. All across western Canada, churches were arsoned, and not just Catholic ones (which ran the boarding school). Statutes of Queen Victoria and Queen Elizabeth were toppled by protestors. Justin Trudeau ordered Canadian flags lowered to half staff over the deaths. This was an ugly episode.
It turns out this whole episode was fictitious. An activist researcher used ground penetrating radar near the school and found 215 soil disturbances she then identified as graves.. THE SOIL DISTURBANCES TURNED OUT TO BE TREE ROOTS! You won’t hear a word of this on the mainstream media in the US and Canada. I only found out about the actual investigation results from Sky News Australia (when it is not banned by Youtube):
One cannot get their “news” from the mainstream media. A vast, false narrative has been cultivated by the handful of major media companies in the US. If you want to be somewhat informed of what is actually happening, one has to access news from around the world. I personally use sources such as The Indian Express website, South China Morning Post, RT, Al Jazeera and numerous others. The New York Times and the BBC might as well just be labeled as part of the Propaganda Ministry these days. Another example of a massive false narrative that was cultivated and nurtured for years by the media was the hoax of the Trump 2016 campaign being in cahoots with Russia to get Trump elected. We are still hearing “Russia, Russia, Russia!” on the nightly news. What you probably won’t hear is the fact that Special Counsel John Durham just filed charges against Clinton campaign lawyer Michael Sussman for allegedly electronically spying on the Trump campaign and the Trump White House to help create the Russia interference hoax.
I can cite one large example in the past where the media was used to incite the actual U.S. Civil War. It is my personal opinion that the International Banking Cartel quietly funded Abolitionist newspapers and organizations in the North while at the same time funding “States Rights” newspapers and candidates in the South. This probably didn’t take all that much money, but it took about two decades to drive the country to civil war. It is my personal belief we are “being gamed” almost in exactly the same way now. We are deluged with propaganda and false news to the point that one half of our country believes one narrative, and one half another narrative. Please attempt to get your “news” from as many international sources as you can and use your judgment. I am not telling you what to believe, but I will point out another three examples.
In February, 1933 the German Reichstag building was arsoned. History has ruled that the Nazis orchestrated the fire in order to consolidate their political power. An unemployed Dutch Marxist was found outside the building on the night of the fire, quickly tried, and then just as quickly executed. In 2008, the German Government granted to convicted arsonist a pardon, 75 years after he was beheaded.
I now believe that the January 6, 2021 Capitol Riot may have been our Reichstag fire. For me, the first clue was the two videos of the hoodie wearing person planting pipe bombs at both the RNC and DNC headquarters in Washington the night before. The first time I viewed this video I said to myself “That is an FBI agent.” I have no proof of that, but just how the purported bomber walked and moved triggered this response. The fact the bombs “were quickly discovered and deactivated” was another clue. Nancy Pelosi and the Democratic leadership of Congress was fully aware that a large protest probably would attempt to enter the Capitol Building and made no efforts to stop the event or even reinforce the limited numbers of Capitol Police. In the immediate aftermath of January 6th, videos appeared of Antifa and BLM types changing clothes into MAGA outfits to enter the crowds appeared, and the videos mostly disappeared just as quickly. There is a good video of the protestors pointing and shouting “Fed, Fed!” at a person trying to incite the crowd to violent acts exists. It is pretty clear to me that the FBI had at least informers leading the crowd in breaking into the Capitol, and that Antifas were leading as well. Dinesh Dsouza wrote that the Capitol Police used concussion grenades on the then peaceful crowd that was behind the barricades at the time before the riot started. If you want a crowd to riot, throwing concussion grenades and tear gas into them is the best way I know of to do this. The following link describes the number of protestors who actually died that day at the hands of the Capitol Police and the other actors in that day. I won’t swear everything in this article is the gospel, but in totality it is damning. I truly dare you to read this article and watch its embedded videos, and then accept the narrative that is still being foisted on us by the nightly “news.”
Another example of this is the false narratives employed during the pandemic. I first wrote in January, 2020 that the Covid virus very probably originated in the Wuhan Institute of Virology. That “conspiracy theory” has now become somewhat accepted fact. I believe I have had Covid twice: Once in March, 2020 and the Omicron variant in December, 2021 (Note: I have been vaccinated and had a booster shot). Both times I took Vitamin D3 as a prophylactic, and zinc tablets to try to prevent the virus from spreading to my lungs. I had a non-serious case for 10 days in the first instance, and a four day very mild case in December.
Throughout the pandemic, simple treatments for Covid have been vilified by the mainstream media, which has instead pushed lockdowns, expensive and not terribly effective vaccines, restrictions and face masks. Here is a story on the Israeli investigation of the effectiveness of Vitamin D3 in battling Covid:
You remember the media firestorm when Trump mentioned hydroxycloroquine and as treatment for Covid? And the media screaming about Ivermectin as horse dewormer? Well, here is a graphic from c19ivermectin.com on the effectiveness of Ivermectin:
Project Veritas recently released documents from the US military dated April, 2020 showing they knew that Ivermectin was effective in treating Covid. If all this is true, hundreds of thousands of Americans have died needlessly. Draw your own conclusions!
Why am I spending so much time and space in an economics newsletter on the false narrative being pushed down America’s throat on a constant basis? The answer is that the Biden Administration, together with the British under Boris Johnson, are trying to provoke a war in the Ukraine that would devastate the world markets and economy. As far as I can tell, the whole “Russian invasion” narrative has come straight from the 1997 movie “Wag the Dog.” Most people never saw this movie, and a substantial amount of the population wasn’t even born in 1997. However, the premise of the movie is a presidential administration reeling from a sex scandal that hires a Hollywood producer to gin up a potential war in of all places- Albania. Russia is no more going to invade Ukraine in 2022 than Canada is going to invade the U.S. (I would have said Mexico, except we sort of have a stealth invasion over the border going on…..). The US and other countries have evacuated their embassy staffs from Kiev, and the same time Ukraine President Zelensky is demanding proof of the US statements that Russia is ready to invade. Yes, Russia has egged on the situation a bit by holding maneuvers close to the Ukraine border and in the Black Sea, but these maneuvers were announced months in advance. Russia has already made its point and has won. Ukraine will not be able to join NATO and the US has backed down on putting troops into Ukraine. There is no need for Russia to invade Ukraine. The very danger though is an out of control Biden Administration. I am worried that the US will stage a very real false flag event that sets the whole region on fire.
The next week is critical for the false Ukraine war narrative and for the US equity market, which is displaying numerous pre-crash signals. The Fed and the US Treasury appear to have been very active in attempting to prop up the US markets. The perfect example of this is the market action of January 24, 2022. The Dow Jones plunged 1150 points in the morning only to reverse and then close UP 100 points on the day. This is not in any way natural for a market to do this. The heavy hand of Fed intervention is the only thing I can think of to account for this. The Fed and Treasury may still be able to manipulate the markets to one more incremental high, but the odds do not look good for this. The market appears to me to be poised for a hard crash. Will it be in the coming week or the next two months? I don’t know, but I am going to lighten up a couple of positions on Monday. All of the market watchers I have some respect for (Jeremy Grantham, Michael Pento, Martin Armstrong, Doug Casey and others) are yelling from the rooftops the market is ready for a crash. Try to be safe! Listen to these people on Youtube or own their websites (such as armstrongeconomics.com)
I leave you with the now traditional graphics from various sources: