Economy: Inverted Yield Curve
Charles Nenner – Inverted Yield Curve Warns of 2023 Recession
Economy: Layoffs Will Continue
Meta
Medtronic, Best Buy
Amazon, Google, Microsoft
Economy: Global Project
A series of documented global project events were initiated between 2020 and 2023 that will require reimbursement beyond $12.5 trillion to financiers in the form of a market collapse that is expected to occur in 2023.
Project Scope:
Initiate public/private partnerships necessary during the response to a severe pandemic in order to diminish large-scale economic and societal consequences. Monitor the effects of a coronavirus passing to humans with “no possibility of a vaccine being available in the first year”. (Derived from Event 201)
Project Schedule:
This project schedule was initiated on January 1, 2020 when Xinhua News reported the Huanan Seafood Market was closed on 1 January 2020 for cleaning and disinfection. This project will be complete when the Public Health Emergency expires on May 11, 2023.
Project Cost:
IMF sees pandemic cost rising beyond $12.5 trillion estimate by 2024.
Payment must be made with a market collapse in 2023.
Engrbytrade™ calculations to date support the expectation of a decline in 2023.
Economy: Continuing Jobless Claims
We’ve Never Seen This Without A RECESSION (We’re Seeing It NOW)
Economy: Mike Wilson April 7 2023
Economy: Ed Dowd – Rate Cuts
‘Emergency’ Fed rate cut by June, only 6 U.S. banks will be left by 2025 paving way for CBDC – Dowd
Economy: Collapse Process on Track
Yellen Calls for Emergency Meeting as Surging Depositor Outflows Threaten to Crash More Banks
Economy: FOMC Press Coverage
FOMC Press Conference Video Coverage
Jerome Powell
March 22, 2023
2:30 PM ET
Economy: Bear Stearns
Timing is important.
JPMorgan scoops up troubled Bear
March 16, 2008
JP Morgan Chase to Buy Bear Stearns
Economy: Credit Suisse
March 19, 2023
UBS to take over Credit Suisse, Swiss central bank confirms
Economy: More Bank Failures
More Bank Failures Are Imminent as Liquidity Crisis Exposes Major Problems With the Banks
Economy: Bail-Ins
This clip has appeared on various platforms. It is my understanding that the video came from a meeting at the FDIC in November of 2022.
FDIC Bankers Discuss ‘Bail-Ins’
Economy: Earnings Recession Continues
Economy: Credit Suisse
A Massive Bank Run Threatens to Crash a Major Bank as They Desperately Try to Avoid Insolvency
Economy: Energy Related Commodities
In the future energy related commodities will become very expensive.
Economy: Stock Market Decline in 2023
Intensifying War, Enormous Upside for Gold – Charles Nenner
- Inflation continues to move higher
- Fed Funds rate continues to move up to 5 ½ to 6%
- Market declines 38% in 2023 (starting in March)
- 2027 crash of all crashes (1929 situation)
- Gold in a trading range and declines until March. A major move up starts in May
Economy: Mild Recession or Default
Economy: Fighting The Fed
Morgan Stanley’s Shalett: Massive Disconnects in Market
Economy: Earnings Disappointments
Economy: Jim Chanos Interview
Economy/Gold/Silver: Cause and Effect
Inflation: The Biggest Scam In The History Of Mankind – Hidden Secrets of Money Ep 4
Three economic rescue packages were signed between 1970 and 1971. What followed was a run up in silver prices until the first quarter of 1974. Three economic rescue packages were signed between 2020 and 2022. Based on history, the result will be another run up in gold and silver prices.
Cause:
Economy/Gold/Silver: Impact of Congressional Spending
Effect:
Silver prices could touch a 9-year high in 2023 — with a bigger upside than gold
Gold price backs off on rising dollar, but set for fifth weekly rise
Economy: Facing a Recession
Stock market faces collision of bullish and bearish forces, says Tom McClellan
When taxes, as a percentage of GDP, are greater than 18% a recession follows.
Economy/Gold/Silver: Impact of Congressional Spending
The $2 trillion Cares Act was signed on March 27, 2020. The $1.9 trillion American Rescue Plan was signed on March 11, 2021. The Inflation Reduction Act of 2022 was signed on August 16, 2022. Signing three economic rescue bills within three years to provide $4.7 trillion in funding is extreme.
The last time two economic rescue bills were passed was when the $152 billion Economic Stimulus Act of 2008 was signed on February 13, 2008, followed by the $831 billion American Recovery and Reinvestment Act of 2009 that went into effect on February 17, 2009. On February 17, 2009 gold futures closed at $967.50 and moved up to a high in the futures market of $1923.70 on August 5, 2011. Silver futures closed at $14.03 on February 17, 2009 and moved up to a high in the futures market of $49.56 on April 28, 2011.
A similar series of events took place between 1975 and 1977. In 1975 the $23 billion Tax Reduction Act was signed on March 29, 1975. This was followed by the Economic Stimulus Appropriations Act of 1977 that was signed on May 13, 1977. Following the approval of these two bills, gold futures hit a closing high of $909.9 on January 22, 1980 and silver futures closed at $41.50 on January 21, 1980.
The source of funding many of these bills goes back to August 15, 1971 when Nixon closed the gold window and stopped the international convertibility of U.S. Dollars to gold. On August 15, 1970 the Economic Stabilization Act of 1970 was passed to stabilize prices, rents, wages, salaries, interest rates, dividends, etc. as part of a price control program. On July 12, 1971 Nixon signed the $2.25 billion Emergency Employment Act of 1971. After closing the gold window on August 15, 1971, Nixon expanded the size of the next stimulus bill by signing the $15 billion Revenue Act of 1971 on December 10, 1971. Gold futures then went from $44 on December 10, 1971 to $179.80 on April 3, 1974. Silver futures went from $1.43 on December 10, 1971 to $6.29 on February 26, 1974.
The impact of approving very large rescue plans through consecutive stimulus bills has historically been followed by significantly higher gold and silver prices within 9 to 11 calendar quarters of the last bill being approved. In this case it would be the $739 billion Inflation Reduction Act signed on August 16, 2022. Based on this timeline the next peak in gold and silver is expected to occur between November 2024 and May 2025.
Economy: Citadel Profits
Citadel Securities Opens Up After Record $7 Billion Windfall
https://www.bloomberg.com/news/articles/2022-03-15/citadel-securities-opens-up-after-record-7-billion-windfall