Bitcoin In 2018: “There Will Be At Least 4 Crashes Of 40% Or More”

When you see something titled ‘Bitcoin 2018 Predictions’, you are probably most interested in just one thing: ‘Where will it go?’ So let’s start there, but then add some other observations on a variety of topics.
#1: We expect bitcoin will trade for between $6,470 and $21,600.
Here’s how we get there:
Bitcoin’s primary ‘real’ use case right now is personal asset protection. Yes, that includes money laundering and tax evasion. But it also incorporates the legitimate desire of honest people living in countries with less-than-exemplary rules of law to shield some of their assets. At the moment, the primary instrument used globally for these purposes is the $100 bill. Yes, the European Central Bank also issues high denomination notes. But the gold standard of paper currency is the American C-Note. (Oxymoron intended).

This post was published at Zero Hedge on Dec 27, 2017.


ACCORDING TO THE FATHER OF PROPAGANDA AN INVISIBLE GOVERNMENT CONTROLS OUR MINDS WITH A THOUGHT PRISON

‘Who are the men who without our realizing it, give us our ideas, tell us whom to admire and whom to despise, what to believe about the ownership of public utilities, about the tariff, about the price of rubber, about the Dawes Plan, about immigration; who tell us how our houses should be designed, what furniture we should put in them, what menus we should serve on our table, what kind of shirts we must wear, what sports we should indulge in, what plays we should see, what charities we should support, what pictures we should admire, what slang we should affect, what jokes we should laugh at?’ ~ Edward Bernays, Propaganda
Authored by Edward Bernays and published in 1928, the book Propaganda still holds its position as the gold standard for influencing and manipulating public behavior. Drawing on his expertise in psychology while using the language of manipulation, Bernays pioneered social engineering via mass media, and his work lives on in the distorted, statist, consumer world we have today.
But who are the ones behind the curtain telling us what to think by directing our attention onto the things which serve interests?
Interestingly, chapter III of Propaganda is titled, ‘The New Propagandists, and is devoted to explaining why the controls for mass manipulation are so closely guarded by a relatively tiny elite who sit in the shadows, out of the public eye, choosing what we are to see and to think, even controlling the politicians we elect to represent us.

This post was published at The Daily Sheeple on DECEMBER 21, 2017.


TREND FORECASTER PREDICTS: ‘BITCOIN WILL SOAR OVER $100,000… IT’S THE GOLD STANDARD OF DIGITAL CURRENCY’

Recent reports that Bitcoin and blockchain technologies are in a bubble may be inspired by the fact that crypto currencies stand to completely upend the global financial systems that have been in place for hundreds of years. And while it’s easy to draw parallels to Tulip Mania and suggest Bitcoin prices may be reaching a top because of the rapid and meteoric rise of cryptocurrencies in recent months, what tulips didn’t have that Bitcoin and other blockchain technologies do, is access to, quite literally, every single human on the planet who has a a cell phone, computer or other smart device.

This post was published at shtfplan on December 13th, 2017.


The Results of Financialization – Part IV – A Fiat Currency Failure

By Gordon Long
Since the US lifted anchor on the Gold Standard in August 1971 making the US Dollar a Fiat Reserve Currency, the US economy has been propelled forward, no-longer tethered to the principles of Sound Money. Unfortunately, the reality is that this sort of political expediency is the equivalent of building a house on a foundation of sand versus solid bedrock, dooming it to be unable to withstand the economic storms and turmoil that inevitably lie ahead.

As a consequence International Balance of Payments were by 1980 forced to be settled through the use of credit. Credit which then exploded in growth with the mounting US trade deficits financed by Foreign and Japanese mercantilism, where the BOP settlement credit was used to buy US Treasuries, thereby triggering a steady fall in interest rates.

This post was published at GoldSeek on Friday, 8 December 2017 / Friday, 8 December 2017.