PRIVATE BLOG – Can Bitcoin Crash 50%?
PRIVATE BLOG – Can Bitcoin Crash 50%?
Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.
Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.
COMMENT: Marty, I don’t know how your computer does it, but it called for high in stocks, gold, and a coming recession. At the WEC, you said rates would decline into 2025, but not dramatically, because of the war. You also said the dollar was not dead. You said Trump would not have clear sailing when everyone seemed to assume a bull market from here. Thank you for teaching me to see the world as a whole. Your WEC for the Next Generation is a spectacular idea. My kids will be enrolled.
HB
ANSWER: The Fed knows it is trapped. Raising interest rates no longer stops inflation because the government is the elephant in the room, and politicians will NEVER reduce spending based on Fed rate hikes. I do not know what it will take to have mainstream media stop publishing the BS that is confusing the nation and sending us cascading into this brick wall.
I will do a short video update for those who attended the WEC for the year-end. We are entering dangerous territory and heading into a very dark recession here, but there is a depression in Europe as we head into 2028. Be prepared for sovereign defaults in 2025. I am shocked at how many central banks are quietly starting to use the ECM.
At this stage in the game, stockpile CASH regardless of where you are – USA, Europe, Canada, Asia, or South America. We are headed into a period of deflation, but also one where the risk of banking problems based on the sovereign debt crisis will begin to unfold into 2028. Remember, the US dollar will be the LAST to fall.
COMMENT: Marty, I don’t know how your computer does it, but it called for high in stocks, gold, a coming recession, and at the WEC you said rates would decline into 2025 but not dramatically because of war and that the dollar was not dead. You said Trump would not have clear sailing when everyone seemed to assume a bull market from here. Thank you for teaching me to see the world as a whole. Your WEC for the Next Generation is a spectacular idea. My kids will be enrolled.
HB
ANSWER: The Fed knows it is trapped. Raising interest rates no longer stops inflation because the government is the elephant in the room, and politicians will NEVER reduce spending based on Fed rate hikes. I do not know what it will take to have mainstream media stop publishing the BS that is confusing the nation and sending us cascading into this brick wall.
I will do a short video for those who attended the WEC for year end. We are entering dangerous territory and heading into a very dark recession here, but there is a depression in Europe as we head into 2028. Be prepared for sovereign defaults in 2025. I am shocked at how many central banks are quietly starting to use the ECM.
At this stage in the game, stockpile CASH regardless of where you are – USA, Europe, Canada, Asia, or South America. We are headed into a period of deflation, but also one where the risk of banking problems based on the sovereign debt crisis will begin to unfold into 2028. Remember, the US dollar will be the LAST to fall.
No government agency will willingly surrender power once it is in their grasp. Every other nation has ONE REGULATORY body, yet the USA has the CFTC and the SEC, plus the Federal Reserve over banks. If you obey the laws of one, you go to jail with the other. This hurts American citizens, for they cannot avail themselves of a hedge fund, and they must decide what sector to invest in, which is why I provide Socrates covering everything.
I warned the government that we need to have one regulatory agency. The SEC and CFTC have different laws that contradict one another. This hurts investment greatly. Take the domestic investor who must choose between stocks, real estate, gold, etc. They make those decisions but that is what a hedge fund manager is supposed to do. Domestically, you cannot merge that, so you have the guy who says gold is the best, the guy who says stocks are the best, and so on. They’re akin to used car salesman.
The bond guys will say they are the best, and so will the commodity guy, the stock guy, and the gold seller. They will all swear they are the best. So now hedge funds are often forced offshore where the hedge fund manager makes those decisions on what is the best investment.
I turned down the opportunity to manage $60 billion because, by law, if I thought a stock would crash, I could hedge a max of 17%, so I said no, I won’t get involved and risk my reputation. You cannot hedge a portfolio when you know it is going to go down because of the nonsense in regulation. Gut those two agencies.
Any agency, once you create it, will always fight for its own survival like an animal. This situation simply does not provide the average American with the best fund management available.
The war is over and it is safe for Syrian refugees to return home. Assad is no longer a threat and nations like Austria, Greece, the Netherlands, UK, France, Italy, Belgium, Sweden, Finland, and Norway have suspended new refugee applications. Yet, what about the four million Syrian refugees seeking asylum in the European Union? Reports are circulating the obvious – they have no plans to return home.
“Why should you go back when you have everything here?… In Syria I no longer have a home, a job or friends. I will only fly to Syria for holidays and to visit family – probably next year when the airport is open again,” one 27-year-old male refugee told Welt news outlet.
Syria’s new leader Abu Mohammad al-Jolani conducted an interview with an Italian news outlet one day after taking power. His first priorities are to restore security and stability in all Syrian cities, saying his people have been “exhausted by injustice and tyranny.” His second priority is “to bring back the millions of Syrian refugees who are scattered around the world,” he stated. “Their human capital and experience will help restart the country. My appeal goes out to all Syrians abroad: Syria is now a free country that has regained its pride and dignity. Come back. We need to rebuild, to get our country on its feet again, and we need everyone’s help.”
His third priority should perhaps be his second: strategic planning and restoring basic essential services like electricity and stabilizing the food supply. Still, Syria needs patriots to come home to help rebuild their nation.
Regardless, European nations have never had the resources to fund millions of asylum seekers. Thanks to former Chancellor Angela Merkel, Germany boasts the largest Syrian population in the EU. HALF of all welfare recipients in Germany are of foreign origin or 2.7 million people. They have been comfortably living in Germany with no plans to return, in fact, 23% of Germany’s population is now migrants of children of migrants. This is one of the reasons we are seeing people turn to the AfD Party as the people do not want to subsidize the lives of millions who no longer even qualify as refugees.
Breitbart reported the same sentiments among refugees living across Europe. As one UK-based refugee stated: “After seven years of living in the UK, I don’t think I will go back… Some of those now in charge of Syria were members of al-Qaeda just a few years ago. I don’t think Syria is safe now, in a few months and possibly not even in a year.” The cost of supporting each refugee has spiked to 41,000 pounds per year.
Ideas such as free air travel back to Syria and cash incentives have been thrown around, but that does not outweigh the luxury of living in a developed nation free of charge and often above the law.
Two-thirds of American dairy farms have been eliminated within one generation. Cows produce dangerous emissions and have no place in modern society, according to the World Economic Forum and climate change proponents. We are seeing a drastic decline in dairy farms across the world thanks to this mentality. The latest crackdown on dairy farms comes from new regulations by the U.S. Department of Agriculture that demand dairy cattle be tested for the bird flu or H5N1.
There has not been a single case of a person falling ill with the bird flu from drinking milk. Yet, the USDA insists farmers comply with their guidance that is no longer mandatory. The World Health Organization managed to work its way into the situation too as they have criticized the lack of testing. Again, no one has fallen ill from drinking milk. There may have been cases of infection in farmhands who had direct contact with cows, but there is not a single case proving anyone contracted H5N1 in this manner.
This won’t prevent the government from spending recklessly on testing as they have already set aside $200 million. The USDA will ship samples to the National Animal Health Laboratory Network (NAHLN) for testing. Then, the Commodity Credit Corporation (CCC) stated they set aside $824 million in emergency funding for response and diagnostic efforts.
US Agriculture Secretary Tom Vilsack said that widespread mandatory testing “will give farmers and farmworkers better confidence in the safety of their animals and ability to protect themselves, and it will put us on a path to quickly controlling and stopping the virus’s spread nationwide.” The virus is not spreading through the milk supply so why are they so eager to begin this program?
Better yet, the USDA is offering farmers a measly $75 payment for personal blood and nasal swab samples for the CDC. The government has also said it would provide funding for farmers with infected cattle.
Is this another excuse to add regulations to agriculture? Could there be ulterior motives here? The New York Post said that it is “unclear” whether this program will continue under Trump.
Word in the most corrupt city in the world next to Kyiv, NYC, is that Merchan has refused to toss Trump’s case but will not sentence him until he leaves office with grand dreams of the Democrats throwing Trump in prison on Riker’s Island. They are looking to interfere with the Trump Administration for 4 years since they failed to prevent him from being President. These two should be dragged out of their offices screaming and yelling and charged federally with election interference. Merchan is a prosecutor, not even a formal judge.
I confronted Judge Richard Owen when he constantly altered the court records, which was a crime. I even wrote the SEC prosecutor Dorothy Heyl and said since you people are altering the transcripts, why don’t you make one up and claim I confessed to whatever you wanted and get this over with? Even the Second Court of Appeals admitted this was taking place and on page 97 of their decision they claimed they did not have to the power to order judges to stop violating the law. (see: UNITED STATES v. ZICHETTELLO, 208 F3d 72 (2d Cir 2000))
In the United States, official court records are almost treated as sacred. The reason is that we have this fictional idea of justice for all. The court records are documents that are presumed to be true. There is NOTHING true about even court transcripts in New York City. If you or I altered the court transcripts, we would go to prison. When the court does it, everyone looks the other way. Being convicted of this crime could land you in federal prison for up to five years. 18 U.S.C. § 1506 states:
“Whoever feloniously steals, takes away, alters, falsifies, or avoids any record, writ, process, or other proceedings, in any United States court, whereby any judgment is reversed, made void or does not take effect; or whoever acknowledges, or procures, in any such court, any recognizance, bail, or judgment, in the name of someone, not privy or consenting to the same, shall be fined or imprisoned up to five years, or both.”
The right to a public trial is protected by the First and Sixth Amendments to the U.S. Constitution. When Judge Own was going after all my lawyers to remove them from court, he illegally and unconstitutionally closed the courtroom. A journalist from the Associated Press either walked passed the sign the Judge posted closing the court or she was in there before he posted the sign. He had the marshal ask everyone in the room who they were. When she was told to get out, she walked right up to the bench and said she was the Associated Press and he could not throw her out. He orders the marshal to take her out. She wrote, “In a closed hearing,” which was UNCONSTITUTIONAL, I personally filed an appeal, and the Second Circuit Court of Appeals claimed that they lost it 3 times and that I was out of time to appeal – so much for public trials. When they want to hide the truth, the Constitution is only good to wipe your ass, not to be taken seriously.
Manhattan District Attorney Alvin Bragg announced Mangione was formally charged with one count of first-degree murder in furtherance of terrorism, two counts of second-degree murder, one of which is charged as killing as an act of terrorism, and multiple counts of criminal possession of a weapon. This is typical Bragg grandstanding for fame. He is charging him with being a terrorist so he can get the death penalty.
In New York, a first-degree murder applies only where the victim is a police officer, or the killing involves a contract hit or murder for hire. It also appies to the murder of a witness.. The other possibility that NY law would allow the death penalty is for terrorism.
This grandstanding is outrageous. If I were on the jury, I would have to vote not guilty of terrorism. This is the problem with our legal system. It allows people like Bragg to abuse the system to make a name for themselves for political purposes. This complicates the case, for they will bury the motive. Mangione did not have insurance with that company. So what made him do it? Was a friend insured or died because of United Healthcare? These would certainly not be a motive for terrorism. But Bragg is trying to manufacture a death penalty.
There have been way too many people who were innocent that prosecutors executed to become famous. Perhaps the most notorious was the Rosenberg Trial. It was April 5th, 1951, when Julius Rosenberg (1918-1953) and his 35-year-old wife Ethel (1915-1953) were sentenced to death using this Espionage Act. Today, everyone concedes that his wife’s crime was being married to Julius. The prosecutors charged her, thinking it would force him to give up his contacts, which he never did, most likely because he had none.
A co-defendant of Julius and Ethel Rosenberg, Morton Sobell (1917-2018), admitted for the first time that he was a Soviet spy on his deathbed at 91 after serving 30 years in prison but also made it clear that Ethel was innocent. Sobell passed military secrets to the Communists in World War II when the nations were still allies, he told the New York Times. Sobell, who served 18 years for espionage, said Julius did pass secrets, but Ethel, executed with her husband in 1953, was guilty of nothing more than being Mrs. Rosenberg.
People like Bragg are afraid of death. So, to them, the death penalty is the worst possible sentence. In prison, some people will pick a fight with someone, knowing that they will be killed. I believe the death penalty should be an option for the defendant. I would select death over life imprisonment in the blink of an eye.
Timothy J. McVeigh (1968 – 2001) was found guilty of bombing Oklahoma in retaliation for Ruby Ridge, etc. He was sentenced to death in 1997 and instructed his attorneys not to appeal. McVeigh was executed by lethal injection on June 11, 2001. He was executed in just over six years after the offense. McVeigh would have been constantly tormented by guards since he took out federal officers. A life sentence would have been mental torture, and death certainly was the end. I have seen people who find it more painful to stay than to leave. Some lament having to leave behind a family and justify in their minds to spare them the torment and take everyone with them.
The DEATH PENALTY is by no means the worst. Life imprisonment is far worse. You have to watch your life slowly drip away like a water torture test. People who seem to cheer the death penalty are those who fear death, so to them, that is the worst possibility, and they think that is what they should do to others. Let the defendant choose – death or life at any time during his sentence. We put down a pet to ease their pain.
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Canada’s Finance Minister Chrystia Freeland resigned from her federal cabinet position. This may be perhaps the best thing that the Prime Minister has allegedly done for Canada. The fracturing of the left has become a contagion.
Freeland shared her resignation letter on social media platform X this Monday. “On Friday, you informed me that you no longer want me to serve as your Finance Minister and offered me another position in Cabinet. Upon reflection, I have concluded that the only honest and viable path is for me to resign from Cabinet,” she added.
The shocking announcement came right before she was set to address the House of Commons to present the fall economic statement. Tariffs. Trudeau and Freeland were deadlocked in a debate over how to handle Trump’s threat to impose a 25% tariff on all Canadian goods. Freeland believed the best-case scenario was to secure the Canadian border in an attempt to appease Trump, while Trudeau did not. Freeland said “costly political gimmicks” and “a coming tariff war” were reasons for her departure. Perhaps Trudeau has surpassed her in his alliance to the WEF.
“Her behavior was totally toxic and not at all conducive to making deals which are good for the very unhappy citizens of Canada. She will not be missed!!!!” Trump said, who has had a tumultuous relationship with Freeland. They say that she even refuses to stand in the same room as him.
The left is self-destructing everywhere we look.