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<figcaption class="wp-caption-text" id="caption-attachment-3188">Click On Picture To See Larger Picture</figcaption></figure>The Trump economy is hitting all time new records, the NASDAQ hit 9000 for the first time, Holiday sales are up, why, Trump and the patriots put more money back into the pockets of the people, boosted confidence with the market which enabled people to spend money. Trump is continuing the pressure on China and big money is being moved out of the country. FOIA were released and they reveal that the amount of gold in Fort Knox might not be what we think it is. The [DS] is trapped, they are trying to figure their way out of this fake impeachment, each direction they go is a dead end. The plan has failed, the patriots are getting ready to strike. [No Name] confirmed to be involved in the Steele Dossier. Durham has a double meaning, think taking the country back.
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Current News – 12.26.2019
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Economy
Total Holiday Sales +3.4% Year-Over-Year, Biggest Holiday Sales in U.S. Retail History…
- middle-class Americans spent more this holiday shopping season than any year before it. Despite losing a week due to the late Thanksgiving holiday, total Christmas sales growth was +3.4 percent year-over-year.
2019 HOLIDAY RETAIL SALES WERE UP 3.4% FROM LAST YEAR, THE BIGGEST NUMBER IN U.S. HISTORY. CONGRATULATIONS AMERICA!
— Donald J. Trump (@realDonaldTrump) December 25, 2019
- Total Holiday Sales an outcome higher wages and more disposable income…
- Keep in mind U.S. GDP growth is driven by consumer spending. A whopping 3.4% gain year-over-year is tens of billions more in economic activity.
Source: theconservativetreehouse.com
- China is fighting “abnormal” cash flows.
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Money was leaving the country at a record clip earlier this year through unauthorized channels, according to analysts. That’s bad news for China, which needs to keep financial reserves high to maintain confidence in its markets.
- Why the Flight?
- Investors fear another devaluation. And that’s a reasonable fear. State Owned Enterprises (SOEs) are imploding with unpayable debt.
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- “The problem with capital outflows lies in the so-called impossible trinity: a country with open capital markets can choose to have a fixed exchange rate or independent monetary policy, but not both.”
- “As debt continues to rise, these inconsistencies become more extreme, so what can Beijing do? It turns out that the only way to maintain the exchange rate while increasing control of domestic monetary policy is to increase capital controls.”
- China has artificial GDP goals to meet. The more it tries to meet those goals, the more bad debt it will create.
- And the more bad debt China creates, the more capital flight pressure rises.
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Source: zerohedge.com
- I have obtained documents from the US Treasury through FOIA requests, which expose another falsehood that puts the auditor in an even more peculiar position. In conflict with the audit protocol, the permanent seals of the vault compartments have been broken, time and again. In addition, the auditor has lied about these events, and when confronted, it’s unable to explain its actions.
- Introduction
- The US official gold reserves are the largest globally at 8,134 metric tonnes (owned by the US Treasury). Although this gold does not back the US dollar at a fixed parity as it did before 1971, it does provide essential support as a final backstop to the dollar and thus credibility to the present world reserve currency.
- The majority of the gold is located at the US Mint depository at Fort Knox. Smaller amounts are stored at US Mint depositories in Denver and West Point. Aggregated this metal is referred to as Deep Storage gold and is captured within 42 sealed vault compartments. The remainder is at the Federal Reserve Bank of New York
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