Month: May 2024

India imports more silver in the first four months of 2024 than in all of 2023 – India imports more silver in 4 months of 2024 than in all of 2023

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– India imports more silver in 4 months of 2024 than in all of 2023:

Synopsis

India’s silver imports in the first four months of 2024 have surpassed the total for all of 2023, driven by rising solar panel demand and investor interest. The country imported a record 4,172 metric tons, up from 455 tons a year ago. This surge supports global prices and outperforms gold.

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– India imports more silver in the first four months of 2024 than in all of 2023:

India’s silver imports in the first four months of this year have already exceeded the total for all of 2023, fueled by increasing demand from the solar panel industry and investors banking on silver outperforming gold, according to government and industry officials.

This significant rise in imports by the world’s largest silver consumer could support global prices, which are currently trading at their highest levels in over a decade.

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Is The Stage Being Set For The Global Food Crisis Prophecy Of Revelation 6:6?

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– Is The Stage Being Set For The Global Food Crisis Prophecy Of Revelation 6:6?:

Will we soon see a major prophecy in the Book of Revelation be fulfilled?  Global food prices have been skyrocketing and hunger has been spreading like wildfire all over the world.  We desperately need 2024 to be a year of good harvests, but unfortunately weather patterns are not cooperating at all and bad news about harvest forecasts just continues to pour in from many of the planet’s most important agricultural regions.  Global food supplies just keep getting tighter and tighter, and the agricultural price spikes that we are witnessing right now are definitely quite ominous.  Could it be possible that the stage is now being set for the global food crisis prophecy of Revelation 6:6?  In that verse, we are warned of a time when food prices will soar to absolutely frightening levels…

Then I heard a voice in the midst of the four living creatures saying, “A quart of wheat for a day’s wages, and three quarts of barley for a day’s wages, and do not harm the oil and the wine.”

We certainly haven’t reached that point yet.

But are we on the way there?

In this article, I would like to share what has been going on with a number of our most important agricultural commodities recently.

Read moreIs The Stage Being Set For The Global Food Crisis Prophecy Of Revelation 6:6?

The World Has Accumulated A $315 Trillion Mountain Of Debt, And Global Events Will Soon Bring It Crashing Down

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Yes, this is bad, BUT…

Flashback:

– Social Security is going bust. By a lot. Unfunded liabilities for Social Security and Medicare exceed $160 TRILLION (!)

– Gundlach Warns America’s “Unfunded Liabilities” Are $163 Trillion, More Than 5x National Debt

In 2010:

– Prof. Kotlikoff: ‘The US is bankrupt’, Government Debt At $200 Trillion – 840 Percent of Current GDP

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In 2015…

– $60 Trillion Of World Debt In One Visualization

NOW…

– The World Has Accumulated A $315 Trillion Mountain Of Debt, And Global Events Will Soon Bring It Crashing Down:

I suppose that congratulations are in order.  It is no small feat to pile up a debt of $315,000,000,000,000, and we will never see a mountain of debt of this magnitude ever again after it comes crashing down.  Even though delinquency rates are rising all over the world, as long as conditions remain at least somewhat relatively stable the game will be able to continue.  Unfortunately, conditions won’t be relatively stable for long.  Global events have started to accelerate significantly, and that is really going to shake things up in the months ahead.

According to a report that was just released by the Institute of International Finance, the total amount of debt in the world has reached a grand total of 315 trillion dollars…

Read moreThe World Has Accumulated A $315 Trillion Mountain Of Debt, And Global Events Will Soon Bring It Crashing Down

Time To Pay Satan: Canadian Asset Manager Blocks Cash Distributions On Private Credit Funds

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– Time To Pay Satan: Canadian Asset Manager Blocks Cash Distributions On Private Credit Funds

Just one day after JPMorgan CEO Jamie Dimon said private credit could spark turmoil if when the opaque sector of financial markets weakens, warning that “there could be hell to pay,” and adding that he has “seen a couple of these deals that were rated by a rating agency and, I have to confess, it shocked me what they got rated. So, it reminds me a little bit of mortgages”, Satan has just sent his first invoice to the banking industry.

After scaring his fellow bankers, perhaps in hopes of sparking another mini bank run and getting the FDIC to gift him with yet another bank, it turns out that perhaps Jamie Dimon was correct that “not all the people doing [private credit] are good,” and earlier today Bloomberg brought us the first notable example of a “bad” doer when it reported that Canadian investment manager Ninepoint Partners is “temporarily” suspending cash distributions in three of its private credit funds, making it the latest, and certainly largest, lender to put a squeeze on investors to cope with a private credit liquidity crunch.

Read moreTime To Pay Satan: Canadian Asset Manager Blocks Cash Distributions On Private Credit Funds

New Human Case Of Bird Flu Confirmed By CDC

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FYI.

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– New Human Case Of Bird Flu Confirmed By CDC:

Authored by Zachary Stieber via The Epoch Times (emphasis ours),

A new human case of highly pathogenic avian influenza has been confirmed, officials at the U.S. Centers for Disease Control and Prevention (CDC) said on May 30.

The patient is a Michigan resident who works with dairy cows. The patient’s age, gender, and work location weren’t disclosed by federal or state officials.

The patient likely contracted the bird flu from cattle, officials said. The person experienced symptoms after “direct exposure to an infected cow,” Dr. Natasha Bagdasarian, Michigan’s chief medical executive, said in a statement.

Read moreNew Human Case Of Bird Flu Confirmed By CDC

NATO Chief Pushes Allies To Commit $44 Billion In Defense Aid To Ukraine Annually

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– NATO Chief Pushes Allies To Commit $44 Billion In Defense Aid To Ukraine Annually:

Currently NATO defense and foreign ministers are gathered in Prague for two days of meetings as part of preparations for the major Washington Summit in July. At the meeting chaired by the alliance’s Secretary General Jens Stoltenberg he urged that NATO countries must maintain support to Ukraine “for as long as necessary”.

Stoltenberg is asking 32 NATO members to commit a whopping $44 billion in military aid to Ukraine every year. President Zelensky has been urging more immediate aid to come at a faster rate, meanwhile.

Stoltenberg told the meeting in Prague, “Russia must understand that it cannot wait us out.” He reasoned further that “Allies have provided approximately 40 billion euros worth of military aid to Ukraine each year.”

He said that for Ukraine to have battlefield success, NATO countries must maintain “at least” current levels of support to Ukraine for as long as the fight continues.

Even though it has become clear that Ukraine front lines are crumbling, especially in places like Kharkiv oblast near the Russian border, this new initiative by Stoltenberg appears geared toward locking the alliance into further permanent commitments, lest any should waiver down the road.

According to analysis by the Austin-based Libertarian Institute:

Read moreNATO Chief Pushes Allies To Commit $44 Billion In Defense Aid To Ukraine Annually