KW: Extracts from Jim Rickards latest newsletter. 2 comments I thought might be interesting to others Let’s Hope Investors Can Surf, Because a Wave of Defaults Is Coming So many credit crises are brewing, it’s hard to keep track without a score card. The mother of all credit crises is coming to China with over…

KW: Trade wars, sanctions real wars. Whats the difference? Source: Tomgram: Nomi Prins, What’s the End Game? | TomDispatch

KW: With Trump bcoming increasingly erratic its clear that many countries are re-examining their relationships with the U.S. particularly the holding of U.S. financials. Increasing turmoil around the globe created by Trump delivering ‘making America great again’ policies based on mountains of U.S. debt being soaked up by other countires appears to be coming t…

KW: Without further comment Source: 2018 Summarized In Two Photos | Zero Hedge

KW: The U.S. is throwing its finacnial weight around all over the world imposing cruel economic sanctions on anyone not obeying its tyrantial rule especially in relation to Iran and Russia. As you might be aware, the United States has laid progressively stronger economic sanctions on Russia since 2014. As you might not be aware —…

KW: Pundits like Jim Rickards have been predicting a new gold rush forever and it still hasn’t come to anything but it is an interesting argument Source: The “Axis of Gold” Will Drive Gold Higher by the End of 2018 – The Daily Reckoning

KW: I thought folk might like this insightful discussion The War on Cash and the Future of Cryptocurrencies by Nick Giambruno | Financial repression is a devious tactic, and at some point, every heavily indebted government uses it. It’s inevitable. And no entity on the planet is more indebted than the US government. The Financial Times defines financial repression…

KW:Amongst friends in discussion about Russia nearly all say the same thing, that Russia can’t afford a prolonged war in the middle east. This is a commonly held beleif that compared to the U.S. Russia is financial basket case. This report says something completely different. Putin doesn’t want war, that is a fact, but the…

KW: While Putin appears to dither indecisively about defending his friends in Syria and Iran from U.S. aggression he also clears the way for more heavy ‘hate’ sanctions against Russia by talking about another global trading system to rival the U.S. dollar hegemony. “Oil is traded in dollars… we are thinking about what we need…