EPSTEIN
page 4 / 389 . OCR, unverified
market. Bloomberg:
After snapping up trillions of dollars of their own stock in a five-
year shopping binge that dwarfed every other buyer, U.S.
companies from Apple Inc. to IBM Corp. just put on the brakes.
Announced repurchases dropped 38% to $244 billion in the last
four months, the biggest decline since 2009...
Recommended Links
Rickards: "Warning, I've Changed My Thesis On
Gold"
I firmly believe we're at the beginning of the BIGGEST move the world has
ever seen in gold. "Simple math" says $10,000 gold is all but certain. But,
you're not going to believe what I have to say next... BEFORE you buy a
single ounce of gold, read this important message.
Last Chance: VIP Access To Doug Casey's
Shocking 2016 Forecast
Casey fears a severe crisis is brewing. Not a currency collapse or stock
market crash. A specific threat that could wreak more havoc than the Great
Depression. That's why tomorrow, in an urgent broadcast event, Doug's
pulling back the curtain on his shocking warning. And revealing how to
profit from it in the months ahead, in a big way. Last chance to get VIP
access ends tonight. Click here now for full details.
Pareto's "Foxes"
Although the bull market in U.S. stocks is probably near its end,
the bull market in the Deep State shows no sign of weakening.
EFTA00650654
--- PAGE 3 ---
Year after year, the power of the "foxes" grows.
It was the great Italian economist Vilfredo Pareto who noticed —
among other things — that no matter what kind of government you
think you have, there are always some crafty insiders, the "foxes,"
who take control of it.
Policies are set, programs are started... decisions are made... with
no consent of the people or their elected officials; the foxes work
the angles.
Over time, the forces of law and order become more and more
corrupt... as the foxes bend the entire system to do their bidding.
Wars are started with no plan or intention to win them. Money is
handed out for no better reason than this: They can get away with
it.
And best of all, most people are none the wiser; they believe the
myths... and attack anyone who challenges them.
Rip-Off
Perhaps the biggest rip-off of all time has taken place over the last
eight years — and in plain sight of everybody.
Via the magic of ultra-low rates, the Fed — a nest for the wiliest
and most cunning of the foxes — took roughly $8 trillion out of the
pockets of savers and retirees and handed it to borrowers.
Who is the world's biggest borrower?
Yes... it's the Deep State itself.
The Fed claimed to be helping to "stimulate" the economy. But you
can't really stimulate an economy by stealing from the people who
produce wealth and provide it with capital.
EFTA00650655
--- PAGE 4 ---
Not surprisingly, growth has stalled. Wages have fallen.
Productivity has stagnated.
For 95% of the male population, real earnings are lower today than
they were in 1973.
Is there any wonder many of these men vote for Donald Trump — a
"strong man" who promises to do something about it?
But the top 5% — where the foxes are — gained income. Their wages
are up more than 50% over the same time.
Why?
Because they take more and more money from the rest of us.
More tomorrow... on a new Rebellion in Gualfin... and a measure of
how big the Deep State has become...
Regards,
F
Signature
Bill
Further Reading: The Deep State already controls just about
every aspect of American life. From health care to education to the
food on our tables to the never-ending war on terror, this cadre of
cronies is pulling the strings.
In his latest online presentation, Bill exposes how the Deep State
has now pushed the world to the brink of an irreversible disaster.
Learn more here as he reveals how it will all unfold... and, more
importantly, how it'll change your life forever.
Market Insight
EFTA00650656
--- PAGE 5 ---
BY CHRIS LOWE, EDITOR AT LARGE
bill bonner
George Soros is betting big on gold.
As Bill reported yesterday, the billionaire
speculator cut his firm's investments in U.S. stocks
by more than one-third.
Soros has also disclosed a new stake in the world's biggest gold
miner, Barrick Gold (ABX).
Soros Fund Management, his investment vehicle, bought a 1.7% of
Barrick. This makes it Soros' biggest listed holding.
As today's chart shows, Barrick has skyrocketed so far in 2016.
The company's stock is up a jaw-dropping 156% year to date.
Recommended Links
;I;
Read this BEFORE you buy gold or gold stocks
Dr. Steve Sjuggerud Reports: Most investors don't know this, but there's a
"Magic Number" that appears before EVERY big move in gold and EVERY
big move in gold stocks. What is it and is now the time to buy? Details
here...
Featured Reads
Gold Price to Soar More Than 650%?
One currencies expert says a "super spike" in gold prices is headed
our way. Here, he explains what will cause it and, more
importantly, how you can position yourself to profit.
EFTA00650657
--- PAGE 6 ---