America Needs a War, Any War

Theodore Roosevelt 1897: “I should welcome almost any war, for I think this country needs one.”

Spanish American War Begins in 1898.

The United States Has Been Involved in Dozens of Military Campaigns over the past 120 years since.

Many US Wars Have Involved Fighting Muslims or Russians.

War is the One Certain Way to Unify a Nation.

Today’s Relevance?

US Divided Over WHICH War to Fight

The Lowest Cost. Period.

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US Wars/Military Involvement Since 1898

Spanish American War 1898
Philippine American War (1898-1902)
Boxer Rebellion (1899-1901)
Moro Rebellion vs. Philippine Muslims (1898 -1913)
Border War with Mexico (1910–1919)
Banana Wars – Nicaragua/Haiti/Dominican Republic interventions (1912-1934)
World War I (1917- 1918) Roosevelt begs Wilson for personal involvement in the War
World War II (1941-1945)

Cold War with Russia/Communism (1945-1991)

Korean War (1950-1953)
Bay of Pigs Cuba (1961)
Dominican Republic Civil War (1965-1966)
Vietnam War (1954-1975)
Lebanese Civil War (1982-1984)
Invasion of Grenada (1983)
Tanker War against Iran (1987-1988)
Invasion of Panama (1989-1990)
Transition from Communism/Russia To Muslim Terrorism
Persian Gulf War (1990-1991)
Somalia Civil War (1992-1995)
Intervention in Haiti (1994-1995)
Bosnian War (1994-1995)
Kosovo War (1998-1999)
Afghanistan War (2001-201?)
Iraq War (2003 – 2011)
War on terror in Pakistan (2004-?)
Intervention in Libya (2011)
War with ISIS/ISIL (2014-?)

Transition Back to Fighting Russians AND Muslims!

Normally the party in power wants war and the party out of power is anti-war.

New tactic for the out of power party – rather than promote anti-war, promote another war.

Today, Democrats having fought Muslims for eight years while in power, want now to fight Russians, even though while in power they favored Russians (Obama to Romney during 2012 Presidential Debate: the 80’s called and want their foreign policy back/to Russian delegate- I’ll have more flexibility after the election).

Republicans, having endorsed the fighting of Muslims during the Democratic reign (while some also opposed Russia simultaneously) under Trump are now focused on increasing the fight against Muslims (war on ISIS).

The Tweety Pulpit

America Needs a War, Any War, MANY WARS

If the US doesn’t have a war, they fight each other over whom they should be fighting.

There is no peace dividend.

Greek Philosopher Heraclitus: “War is the father and king of all: some he has made gods, and some men; some slaves and some free.”

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Top stories: Donald Trump accuses Barack Obama of bugging Trump Tower.

Top economic story of the week: Silver fell for the first time in 2017.

Gold and silver.

Gold closed last week at $ $1256.90 an ounce and closed this week at $1234.30 -1.8%

Silver closed last week at $18.33 an ounce and closed this week at $17.94 -2.1% %

The gold and silver ratio ended the week at 68.74:1

one month gold silver ratio march 3 2017

Tweet of the week

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Here are the stories we wrote, followed or commented on.

February 27, 2017

From Smaulgld.com

CANADIAN MINT RESTATES FINANCIAL RESULTS AS SILVER SALES FALL

Gold

Physical usage is still tiny compared with the wider market. Gold demand totaled $173.1 billion last year, according to Bloomberg calculations based on World Gold Council data. The same amount gets cleared through London’s OTC market in about seven days

Online channels shine with gold-backed financial products

“A report from the China Gold Association said in 2016, investment demand for gold bars rose 28.19% and for coins by 36.8%.”

Greek Gold – 5.2 billion in Euros half held abroad

Bill would halt dredging machinery in N.H. gold prospecting

War on Cash?

Swiss National Bank: Cash will remain a crucial part of the financial system. (but Swiss National bank has lied before – eg. depegging of the Franc to Euro)

US Economic Data

Durable Goods 1.8%, Exp. 1.7%
Core Durable Goods -0.2%, Exp. 0.5%

US Mint Sales Update

U.S. Mint reported selling 325,000 American Silver Eagles and 500 American Gold Eagles today.

MTD American Silver Eagles sold 1,090,000 & American Gold Eagles sold 20,000
YTD American Silver Eagles Sold 6,217,500/American Gold Eagles sold 106,500

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The U.S. Mint sold 200 of the first America the Beautiful Coin of 2017 in February – the Effigy Mounds National Monument coin. YTD ATB coins 19,500.

The U.S. Mint reported selling 0 one ounce American Platinum Eagle coins.
YTD 20,000

The U.S. Mint reported selling 500American Gold Buffalo coins.

MTD 15,000 sold

YTD 47,000 sold

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February 28, 2017

Gold

Indian Gold imports estimated to be about 50 tons in February

US Economic Data

Consumer Confidence 114.8, Exp.111, Last 111.8

Richmond Fed 17, Exp.10

Chicago PMI 57.4 big beat; Exp. 53.0

Case Shiller Dec. 0.9%, Exp. 0.7%
Dec. 5.58% Y/Y, Exp. 5.4%, Last 5.27%

Fed chatter

FED’S WILLIAMS SAYS RATE INCREASE UP FOR ‘SERIOUS CONSIDERATION’ AT FED’S MARCH MEETING

Dudley: “the case for a rate rise is more compelling”

U.S. Mint Sales Update

U.S. Mint reported selling 125,000 American Silver Eagles and 1,000 American Gold Eagles today.

MTD American Silver Eagles sold 1,215,000 & American Gold Eagles sold 21,000
YTD American Silver Eagles Sold 6,342,500/American Gold Eagles sold 107,500

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The U.S. Mint sold 0 of the first America the Beautiful Coin of 2017 in February – the Effigy Mounds National Monument coin. YTD ATB coins 19,500.

The U.S. Mint reported selling 0 one ounce American Platinum Eagle coins.
YTD 20,000

The U.S. Mint reported selling 0American Gold Buffalo coins.

MTD 15,000 sold

YTD 47,000 sold

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You can compare American Gold Buffalo coins for sale at these websites:

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Golden Eagle Coins
JM Bullion
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March 1, 2017

From Smaulgld.com

HIGHER PRICES SLAM AMERICAN SILVER EAGLE SALES IN FEBRUARY

Gold

Metal Detector Hobbyists Find Gold in a Field They Got Bored of 20 Years Earlier

‘Oldest’ Iron Age gold work in Britain found in Staffordshire

Was downtown Muskegon built with Confederate Gold?

Chinese gold output http://www.mining.com/china-gold-output/

US Economic Data

Personal Income 0.4%, Exp. 0.3%
Personal Spending 0.2%, Exp. 0.3%
PCE 1.9%, Last 1.6%
Core PCE 1.7%, Last 1.7%
ISM Mfg 57.7, Exp. 56.2
US Markit Mfg PMI Feb 54.2, Exp. 54.5, Last 55
Construction Spending -1.0%, Exp. 0.6%, Last 0.1%
GDPNow Latest forecast: 1.8 percent down from 2.5 percent on February 27.

Fed Chatter

Bullard: No Reason to Be Especially Aggressive on Hiking

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You can compare pricing and shipping charges on American Gold Eagles coins of all sizes at these web sites:

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Golden Eagle Coins
JM Bullion
Money Metals Exchange

Buy American Gold Buffalo Coins

You can compare American Gold Buffalo coins for sale at these websites:

BGASC.com
Golden Eagle Coins
JM Bullion
Money Metals Exchange

Compare American Silver Eagles for sale at:

BGASC.com
Golden Eagle Coins
JM Bullion
Money Metals Exchange

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March 2, 2017

Smaulgld.com

KAZAKHSTAN ADDS 1.56 TONS OF GOLD TO RESERVES IN JANUARY

Silver

Silver takes a dive.

Silver Price March 2 2017

Modi’s cash crackdown is pushing down India’s silver imports

US Economic Data
Initial Claims 223K, Exp. 245K

Compare Pricing and Shipping on American Gold Eagle Coins

You can compare pricing and shipping charges on American Gold Eagles coins of all sizes at these web sites:

BGASC.com
Golden Eagle Coins
JM Bullion
Money Metals Exchange

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You can compare American Gold Buffalo coins for sale at these websites:

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Golden Eagle Coins
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Money Metals Exchange

March 3, 2017

From Smaulgld.com

SNAP CHAT TO GO PUBLIC WITH LOSSES GREATER THAN REVENUES

AMERICAN GOLD EAGLE SALES FALL 69% IN FEBRUARY

Silver

CME, Thomson Reuters to stop providing London silver benchmark

US Economic Data

US Markit Services PMI 53.8, Exp. 53.9, Last 55.6

Fed Yack Attack
10:15am: Fed’s Evans and Lacker
12:15pm: Powell
12:30pm: Fischer
1:00pm: Yellen

FED’S EVANS: CONCERNED BY SIGNS INFL EXPECTATIONS BELOW TARGET
BULLARD: ECONOMIC CONDITIONS HAVEN’T CHANGED SINCE JANUARY TO JUSTIFY MARCH RATE INCREASE

FISCHER DOESN’T COMMENT ON FED RATE OUTLOOK IN PREPARED TEXT
Yellen: RISING U.S. DEBT NOT SUSTAINABLE IN THE LONG TERM
MARCH HIKE APPROPRIATE IF ECONOMY EVOLVES AS EXPECTED
U.S. ECONOMIC GROWTH POTENTIAL LOOKS A BIT LESS THAN 2%.

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Buy American Gold Buffalo Coins

You can compare American Gold Buffalo coins for sale at these websites:

BGASC.com
Golden Eagle Coins
JM Bullion
Money Metals Exchange

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