Neel Kashkari of the federal reserve begs for more money printing.

Marketwatch has an article out which features a member of the federal reserve warning us all of a "greater catastrophe".  Non-doctor Kashkari is not a doctor but perhaps he stayed at a holiday inn express last night because today he feels qualified to advise next steps on the corona bail outs.   I mean lockdowns.

Kashkari says, "To be effective, the lockdown has to be as comprehensive and strict as possible. If we aren’t willing to take this action, millions more cases with many more deaths are likely before a vaccine might be available."

Well, imagine that.  The banker fancies himself an expert in the treatment of pandemics.  He's predicting "millions more" covid cases if we don't all go run under logs and hide.  Do you think Neel Kashkari gives a flying fuck about you?  Really?  Hmmmmm.

No, he does not.  But he does need more political air cover to print up more fakebux in order to stop the fed's Global Debt Ponzi from collapsing.  Don't you get it yet?  This is not about covid.   It's can't stop.  It must increase at an exponential rate and trying to stop it will make it get worse and then require those who thought they could just wind down a Ponzi scheme to double down even harder on the tourniquet payments.

We are definitely in the end times of the Global Debt Ponzi now.  Pretty much everything I said would happen is now happening, and KashKari says that what is before us will make that which we have just gone through feel like "just a warmup".

I must ask you, did you listen to me at all?  Did you buy even 1 thin OzT of silver for yourself?  Gold?  Platinum?  For most if not all of you at this point, the answer will be "no".  Furthermore you are telling yourself that its too late, gold has already gone up, silver already up, etc.  To that I say, please, stop listening to yourself and start to listen to those who have gotten so many seemingly impossible predictions right.  I say, buy silver.  Not all at once, just whatever you can afford per paycheck.  5 coins, 10 coins.  Anything If you can buy 1 unit (100 coins) from monex then do so.  There WILL be volatility.  FOR SURE.  There will be pullbacks, some of them quite strong. 

But metals are known for not making it easy for latecomers to get on board easily and so instead of tying to time the markets (which did not work out for you so well this time given the rapid rise of metals) just buy a little each week.  When silver is trading well over $100 you will be wondering why you didn't listen to the conservative voice of reason.  I'm sorry if this comes off as arrogant but damn, how many times in your life do you get such good, solid insight and advice as you have read in these pages for the past decade?  I'm telling you, what is happening here is not a blip in the road.  It's the end of the line.  And those who end up without any real money are going to be in deep deep shit in the coming months and quarters when the greater depression, bigger than '29-32 for sure settles in.

Stop sitting there like a frog in boiling water.  Move your feet.  Don't panic, yet.  There is still time.  In fact I think we could get a wave 2 pullback in late Aug or early Sept.  So gather your money now and I will be back to tell you when to pull the trigger.  If possible buy from Monex, 100 silver eagles at a time.  They are going for $35.62 per coin now.  Within 12-18 months they will likely be going for > $100.  When you own money metals you always hope for lower prices so you can buy more.  It's not a get rich quick thing.  But let me tell you, any money you have in the bank is being devalued just as certainly as metals prices are going higher.