Speaking of rest, there is none for the wicked. Over the last few years, the World has been in lockdown as fear-mongering has overtaken common sense. How about if Covid was simply a distraction to hide the real intentions of those casting black clouds over our lives? It might be difficult to fathom but be prepared as the printing of money will catalyze an ensuing implosion. The money supply has increased by 20-25% in a few short years. Family and small businesses have been destroyed and Billionaire’s wealth has increased by 28%.

I am not trying to be a doomsayer or conspiracy theorist but history shows that the continuance in expanding the money supply will eventually lead to the collapse of the currency and ultimately the economy that it is associated with. In 1971, the Gold Standard was abandoned and major currencies issued today are referred to as FIAT currencies that simply have no backing other than government assurances.

Consequently, what assurances can we expect if the deficits are run up in an increasing interest rate environment when finances are directed to service debt rather than provide citizens the services they require? It is a shell game that will quickly come to an end, people will be left in shock not knowing what has transpired while generational wealth will evaporate when banks and governments take funds directly from accounts. This was the case in 2013 in Cyprus when the IMF went into personal accounts and took 10% of funds without permission but decreed it as necessary to bail out the country from accumulated debt. Imagine if it happened in a larger country like America, we would not see cities destroyed by ANTIFA but rather by citizens themselves. Nonetheless, those in power already have the solution in the form of a digital world and currency.  People will lose their autonomy and be monitored like cattle branded on a ranch, some chosen to breed while others discarded for consumption.

Attached you will find a very interesting clip, which I personally found to be enlightening. I encourage you to listen and come up with your own conclusions.

https://m.facebook.com/story.php?story_fbid=pfbid0m7MWXUbYxRoy6yaQ2K2ropBRXprNJMRudpYbr1fcGiS41EMxCJqCyFww6h196Sc8l&id=780069634&mibextid=tejx2t

As I mentioned previously, USD strength has been a circumstance of words. They continue to pump it up when it is down through discussion of inflation and taking a sledgehammer to fix an issue that needs a different type of medicine called restraint and control from printing money. After the bravado, threats of higher rates continue to be the solution, especially after the increased reading in the PCE inflation. 

Meanwhile, more money is sent to Ukraine as Yellen the Treasury Secretary makes an unannounced visit to give away more money to the coffers of a foreign country. USA Housing Prices declined 0.1% in Dec vs Expected (<0.6%>. Consumer Confidence also declined to 102.9 in February vs (106.0) in January—a long way to 2% inflation with a lot of hurting to come.

In Canada, the Red Rose tea might be better but Real GDP comes in at 0% in Q4 vs the expected 1.5%. The country is being mismanaged and driven to bankruptcy to usher in a new monetary system? Don’t be surprised, it’s coming unless we get a change in misguided leadership.

After the 0% reading in GDP for Canada, it looks like the BOC will stop their interest rate increases despite the Federal Reserve talking aggressively to raise rates at lesser increments (0.25%). Unfortunately, this could put added pressure on the Cad$ as interest rates diverge between the two countries. Directing money to higher-yielding instruments thus creates more demand for USD. Real GDP in America came in at 2.7% in Q4 vs (the 2.9%) expected while Weekly Jobless Claims improved down to 192k from the previous (200k).

Lastly, the USD Index rises above the 105.0 level while Precious Metals slip slightly. Gold sits around the $1835/oz level and Silver slips below the $21/oz level. On the other hand, Oil ranges between $74-$78/barrel as the Cad$ remains a reflection of USD strength or weakness. it remains stable below the 0.74 cent level this past week.