| By Bill Bonner, Chairman, Bonner & Partners BALTIMORE, MARYLAND – Last week, while all eyes were on the impeachment show, the feds increased the nation’s debt by about $20 billion. Who will pay it? When? How? No one asked. During the British election of 2017, Theresa May famously said “there is no magic money tree.” But both the Federal Reserve and the U.S. government are shaking the hell out of something… And America’s president thinks they should shake it even harder. He wants “some of that money” too. | Recommended Link | | Urgent Briefing: Jeff Brown’s Most Time-Sensitive Warning (Only Hours Could Remain) The man with a certified 93% win rate has just released what he says is his “most time-sensitive” briefing. This special situation is rare. But when it does occur it will ignite the fastest and largest gains in stock market history. Over the first 24 hours, it’s possible to see gains up to 1,000%. Over the next 12 months, once-in-a-lifetime gains of 3,277%, 5,940%, or 10,645% are not out of the question. Right now, you can make a move ahead of 99.99% of people out there. Tomorrow, literally, may be too late. | | | -- | Magic Money Tree We were up in New York for the first part of last week. You need a magic money tree on the Upper East Side. Every time we paid a bill, we were shocked. A modest hotel room for two nights – $1,400. Breakfast for two – $69. A 10-minute cab ride – $29. This weekend we spent back on the family farm, cutting firewood. We’ve got three old chainsaws. You need three, because two of them usually won’t work. Either the chain hits a stone or it just won’t start. The trouble increases when you’re away for long periods of time; when you get back, you find dead batteries, dull blades, and missing tools. Our old ’52 Chevy pickup wouldn’t start either. We charged the battery and spun the engine over… but it didn’t seem to be getting any gas. One of the nice things about these old machines is that you can tinker with them. The truck has been sitting for a long time with its front higher than the rear… most likely, the gas just drained out of the lines. We’re going to turn it around, so the gas can run downhill to the motor. We’ll let you know if that works. | Recommended Link | | Why 25,833 people (and counting) have paid for this Every day, an average of over 100 people across the country are paying to join this new research service by retired millionaire Jeff Clark. In fact, in just the past 6 months alone, 25,833 people (and counting) have signed up… Proving to be one of the most popular services in the industry. Why are so many people joining? Because Jeff developed a retirement income method that nobody else is talking about… And so far, it’s working out very well. Those who’ve followed his recommendations have had the chance to double their money (or more) again and again… in a matter of months, weeks, or even days. | | | -- | Extreme Greed As technology advances, it gets further and further beyond our ken. We can take a carburetor apart and usually fix it. We have no idea what to do with an electronic ignition. But modern technology clearly works, even if we don’t know how. So we’re tempted to think that modern economics works too. And maybe we shouldn’t laugh when we hear that someone is studying “post-structuralist queer theory.” And maybe, just maybe, there really is a “magic money tree.” Something is making stocks go up. Despite a vicious fight in Washington for control of the government, an ongoing trade war with China, and increasing signs of an impending economic recession… still, the prices of America’s capital enterprises rise. How come? Economist Richard Duncan explains. It’s the “magic money tree”: On September 17th, overnight interest rates in the Repo Market shot up to 10%, four times higher than they should have been. […] The Fed responded by urgently injecting money into the financial markets through a series of Repurchase Agreements [“repos”] and by announcing it would resume buying Government Securities, initially at a pace of $60 billion per month. By November 6th, the Fed had created $280 billion. This new money restored calm in the Repo Market and pushed all the major US stock market indices to new record highs. CNN elaborates: “Whether it should be considered QE4 or not, in the eyes of the market it’s just semantics,” Peter Boockvar, chief investment officer at Bleakley Advisory Group, wrote in a recent note to clients. “Markets view any increase in the size of the Fed’s balance sheet as QE [quantitative easing] and the $250B increase in just two months is no doubt helping to lift stock prices.” The Dow has climbed about 1,300 points, or 5%, since the Fed announced on October 11 it would start buying T-bills. The CNN Business Fear & Greed Index of market sentiment recently hit “extreme greed.” | Recommended Link | | Take a good look at this dollar bill… Because this could be the last time you see one… Due to radical changes to our financial system taking root. Top lawmakers just returned from a private meeting on Capitol Hill… And frankly, it’s shocking the mainstream media hasn’t picked up on this yet. But you can get all the details you need to prepare for this massive change – as well as profit from it… | | | -- | Modern Delusion Could it be? Yes it could. Something’s happening. Something, well, not so good. David Graeber, writing in The New York Review of Books, offers an insight: We now live in a different economic universe than we did before the crash. Falling unemployment no longer drives up wages. Printing money does not cause inflation. There are plenty of magic money trees in Britain, as there are in any developed economy. They are called “banks.” Since modern money is simply credit, banks can and do create money literally out of nothing, simply by making loans. Almost all of the money circulating in Britain at the moment is bank-created in this way. Not only is the public largely unaware of this, but a recent survey by the British research group Positive Money discovered that an astounding 85 percent of members of Parliament had no idea where money really came from (most appeared to be under the impression that it was produced by the Royal Mint). Perhaps even more amazing is that David Graeber has no idea where money comes from either. After all, he is the author of Debt: The First 5,000 Years, which we reviewed in this space a few years ago. And the delusion is widely shared. Everyone believes it… even the president of the USA. Everyone thinks “money” is something the feds or the banks can “create.” And that we’d all be better off if they created more of it. But is it true? Is there really a magic money tree? Family: tree. Genus: money. Species: magic. Stay tuned… Tomorrow, we rev up the chainsaw. Regards, Bill Like what you’re reading? Send your thoughts to feedback@bonnerandpartners.com. 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Bill is no fan of the Federal Reserve. Now, President Trump’s nominee for a seat on the Fed’s governing board wants to inject politics into the central bank, which has traditionally been “apolitical”… Eliminate Stress for Long-Term Success
Bill sees storm clouds forming over the stock market. But one of the keys to long-term trading success is remaining calm no matter which way the market turns. Colleague Teeka Tiwari shows how to eliminate the stress of market uncertainty… Expert Believes Gold Is Heading 30%+ Higher in 2020
Colleague and gold industry insider E.B. Tucker shows you why gold is about to get a lot more profitable next year… MAILBAG As the impeachment train rides on, some Dear Readers still believe the president is innocent… He does not deserved to be impeached because there is no impeachable offense. The charges are all a hoax perpetrated by his enemies, who are envious and jealous of him. What he is being charged of is very, very, very trivial compared to the rabid actions, lies, and deception committed by his predecessors! He is being framed and lynched to get rid of him, although he is doing excellent job and acting within the bounds of his constitutional duties. – Helen N. The primary platform and promise of Trump was to drain the swamp. By the swamp he meant all the actors, no matter what their positions in government, who were using their positions for personal power or wealth at the expense of the citizenry. By looking at Joe Biden, President Trump was fulfilling his pledge to me, a citizen, to investigate potential wrongdoing on the part of a prominent politician. What’s wrong with this? Don’t we want to root out corruption in government with this sort of investigation? To the Never-Trumpers: If Biden wins the election, should he be impeached because while VP he clearly told the Ukrainian government that funding would be withheld unless the controversial prosecutor was fired? An undeniable case of quid pro quo! – William H. Did President Trump commit an impeachable offense? Or are the charges a hoax, as Helen believes? Write us at feedback@bonnerandpartners.com. IN CASE YOU MISSED IT… The ONLY Chart You Need To Know To Become A Pot Stock Millionaire In 2019 You’re looking at the one and only chart you need to know to make a fortune from cannabis this year. It’s not a chart of any particular pot stock. It has nothing to do with the growth rate of the cannabis industry… the CBD market… or anything like that, either. Instead, this chart shows the result of a very specific shift set to take place in the coming weeks. A shift that will unleash an estimated $340 billion of once locked-up capital… more money than is in the entire crypto market… straight into the pot stocks of America. And, by making one simple move now before that happens… You could turn a tiny stake into $100,000… $500,000… or even $1,000,000 or more. You could become a pot stock millionaire in 2019. Details here. 
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