Howestreet.com - the source for market opinions

ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION

Don Swenson

Guest's Website

Donald B. Swenson: Born January 24, 1943, Roseau, Minnesota. Graduated H.S. 1961, Moorhead High, Minnesota. Graduated College 1968, Moorhead State University, Minnesota. Designated member of Appraisal Institute (MAI), 1974. Employed with Western Life Insurance Company, 1968 – 71; Iowa Securities Company, 1971 – 73; American Appraisal Company, 1974 – 81. Part-time teacher/valuation consultant/bartender, 1979 – 2008 (taught workshops at Waukesha County Technical Institute, Wi. and Madison Area Technical College, Wi.). Retired 2008 (part time teacher/blogger), AZ. Self educated economist/philosopher/theologian: http://kingdomecon.wordpress.com.

Kingdom Economics - http://www.usdebtclock.org Think about this situation called debt and deficits. America’s trade deficit is now over $886 billion (up some 34 fold since 1980). America’s national debt is now some $22.5 trillion (up some 25 fold since 1980). It appears that America can live off the world system of production indefinitely. Or is there a limit to […]

Kingdom Economics - Fed speak is often difficult to interpret. The testimony today of our Fed Chairman, Mr. Powell, suggests that he is uncertain about where our economy is going. He claims the economy is ‘strong’ (his words) but the crosscurrents are also present. What does this mean in layman’s language? Let’s decipher the jargon!   I would suggest […]

Kingdom Economics - I now live with cyber money, virtual money, digital money, imaginary money, fake money.Are you aware of what has evolved since 2008? Our banking system and our financial system has gone virtual and all our money now lives in THE CLOUD. I have no real physical money any longer. I transact my financial affairs in […]

Kingdom Economics - The celebration of our Independence from Great Britain (1776 and after) created a SYSTEM which espoused the above ideals but we have not realized these ideals. It is now some 243 years since the founding of our SYSTEM (called a Republic) and the people are now more enslaved than when the founding documents were written. Celebrating […]

Kingdom Economics - This new payments system called INSTEX is now in operation for countries like Germany, Britain, and France who desire to trade with Iran. Britain, Germany, and France could put pressure on America’s dollar system going forward! There are a number of macro-events which now point to a growing demand for gold. The new payments system over […]

Kingdom Economics - How can American’s support this leader of Saudi Arabia who engineered the Khashoggi killing? I am shocked at the image above of our leader, Mr. Trump! After listening to the video presented about the Osaka Summit, June 28-29, the words of our leaders (including Mr. Trump) reveal that everyone is on board to promote globalization […]

Kingdom Economics - The up and down of financial confidence! It’s a fragile internal concept of our mind! Our real markets (production of goods) is starting to collapse and decline. This is evident in Europe and also globally. Fear is developing within the halls of our central planners. The talk is now about sustaining the bull market in […]

Kingdom Economics - Our Treasury department via their proxies (the Exchange Stabilization Fund and the Plunge Protection Team) desire that silver/gold prices remain suppressed. This is natural as these authorities desire to promote our digital/virtual currencies for everyone. Virtual money is desired and physical money is passe. All historical monies must be gradually eliminated from our markets so that […]

Kingdom Economics - America’s Fed Chairman, Jr. Jerome Powell, has decided to wait on changing the Fed Funds Rate for now. This rate will remain at 2.25% to 2.50%. Most pundits seemed to expect a rate reduction as our economy seems to be slowing. Mr. Powell, however, has concluded that consumer spending is solid and that demand is steady […]

Kingdom Economics - Silver is controlled by an algorithm which caps the spot price (currently under $15). Gold is also controlled by an algorithm and it’s price is capped. Our corrupt authorities at the Treasury can use the Exchange Stabilization Fund and the Plunge Protection Team to cap these prices so as to deceive the markets on what should […]

Kingdom Economics - John Williams, economist/pundit, believes that the U.S. economy will evolve into hyper-inflation down the road. John Williams is a well known critic of our Keynesian monetary system and I do follow some of his logic. Yet what I sense is just the opposite. The dollar markets IMO are much different from most fiat currencies. Hyper-inflation […]

Kingdom Economics - Does Jay Powell bow to the Trump tweets and his mental pressure? Mr. Trump desires that our Fed inaugurate a new QE program (what I call official counterfeiting of our dollar) and then also lower interest rates by 1%. Mr. Trump continues with the mantra that our Fed must expand credit/debt and lower interest rates […]

Kingdom Economics - As I watch our central banks manipulate our electronic markets in real-time, I must ask the question: Do the insiders (trading our markets) understand what they are doing? Do they discern that our money is ‘inner’ and ‘subjective’? Why do we now have ‘imaginary’ money?   Do our manipulators recognize that ‘inner’ money units (mere […]

Kingdom Economics - Today’s Dow Index was up over 512 points and this is understandable for those of us who recognize how our system works. Our markets have no tie to our real economy so our central planners can manipulate the markets in an attempt to create positive sentiment.   Negative events do not affect an algorithm which trades […]

Kingdom Economics - The last couple of weeks has resulted in a change in psychology for our precious metals.This seems obvious to me as I watch what our pundits and investors are saying publicly. Gold has been in the doldrums for years (since 2011) and its psychology has been negative since 2011. But all is changing as I […]

Kingdom Economics - Who is aware of what our world has become since the death of Capitalism in 2008. With the financial crisis of 2008, our system changed from private control of our economy to Central Bankism (control of all economies by our Central Banks). This then evolved into this Agenda 2030 system with the approval of all nations […]

Kingdom Economics - The elections over in Europe have resulted in division and fragmentation. This means that our political and economic decision-making will be difficult going forward for 2019 and 2020. The current slowdown in our global economy is likely to grow as there is no consensus of views on the difficult issues. Group-think is less likely going forward. […]

Kingdom Economics - The global slow-down is now obvious and the trends suggest more of the same going forward. Delinquencies of auto debt are now at 19 year highs. Student loan debt and delinquencies are at new highs. Existing home sales are down. Retail lay-offs up. Interest rates continue to go down indicating that the slow-down is continuing to […]

Kingdom Economics - https://www.realvision.com/tv/shows/gold/videos/the-gold-manipulation-question Check out the above link which covers the issue of Gold Manipulation and Suppression.   James Rickards says that China may be manipulating the gold price. This seems somewhat plausible as China is a huge buyer of gold. Rickards says that China may want to suppress the price as they desire to increase their […]

Kingdom Economics - Money rules over our planet and those who control the money and its circulation can govern our planet. Capitalism is now mostly over and a new form of Socialism is emerging for our planet. Central planning is at the core of Socialism. A key characteristic of Socialism is this concept called top/down decision-making. Select elites who […]

Kingdom Economics - At my recent visit to Las Vegas and the Money Show, there were two experts who attempted to give the attendees a history of money. These experts were well known economists with a big audience of listeners. But what I discovered is that these experts did not represent history accurately or completely. They did not […]

Kingdom Economics - Today, I am attending the Money Show in Las Vegas, Nevada. Some 5,500 attendees are in attendance. The experts are all over the place with their opinions and predictions. A few opinions are as follows: Peter Schiff:  a recession is arriving but the Fed will use low interest rates and QE4 to keep the borrowing going. […]

Kingdom Economics - Mr. Trump says that tariffs are paid for by China. But his adviser, Mr. Kudlow, says the opposite. Who pays for the tariffs on China’s products? I would suggest that the company importing Chinese goods will pay the tariff and then this increase will likely be passed on to the consumer. So who pays? Ultimately […]

Kingdom Economics -   Currently, the Trump administration is negotiating with China to lower the U.S. trade deficit (goods) and this may help temporarily but not over the longer-term. Why? The big issue with trade is the currency exchange rate. As trade slows with the U.S. (currently happening) the Yuan tends to increase (get weaker). This policy of letting the […]

Kingdom Economics - The article in the Wall Street Journal entitled “I’m Running to Save Capitalism” by John Hickenlooper was interesting. Mr. Hickenlooper is from Colorado and is a candidate for the Democratic presidential nomination. His article seems to imply that Capitalism is in serious trouble and needs to be saved. I, personally, would suggest that Capitalism is over. Capitalism […]
Next Page »