So, the war is over, or is it? Will Israel abide by the condition of backing off Lebanon?

Will our president abide by the deal? He just mentioned that if he does not like the deal, he will start bombing again. Since in the middle of prior negotiations we started bombing why would they trust us this time?

If we remember the 12- day war the main reason I believe that it was stopped was that we and Israel were running out of supplies. This bought time to re-supply and attack once again.

On Wednesday, Mr. Trump verified on camera what we have been saying for weeks now- that global oil supplies would be gone in 4 weeks. This would cause a major price spike with little ammunition to fight it with and could lead to an economic catastrophe.

Call me cynical but it appears there are far more questions than answers here.

Regardless of whether this hoped-for peace actually occurs I believe that the damage has already been done and that higher prices are baked into the cake.

Supply disruptions can cause price increases because supply is impaired while demand remains strong. The world needs energy, fertilizer and a lot of other critical materials that are not getting to where they are needed.

Keep in mind that price increases can be caused by external forces, but the main culprit of rising prices is money “printing.” While those “in charge” will undoubtedly use the war as an excuse the tens to hundreds of trillions of currency units conjured up out of nowhere is what has led us to where we are today.

The illusion, in my opinion, is that the Fed can somehow magically fix this. They cannot. They can conjure up cash in unlimited amounts, but it produces NOTHING. No food, energy, water, or anything necessary for us to survive.

Worse than that, the “printing” has to keep growing exponentially to stave off a total collapse. Most “promises to repay” are based upon ever lower interest rates and money “printing” to give the illusion of solvency. If that illusion were to be revealed as it actually is there would be a mass exit from most financial assets.

The Fed is at a critical moment here. They really cannot raise rates because they are already “printing” trillions to retire maturing debt, pay for current spending, and manipulating bond rates. Higher interest rates would imply that more “printing” would be needed to cover interest expenses and lead to higher inflation- which is what higher interest rates are supposed to defend against.

To lower interest rates, they would have to fire up the presses even faster because they would have to conjure up the cash to buy the bonds to keep rates from going higher on their own. Again, this would lead to FAR higher inflation than we have seen so far.

Too many people are complacent because even after reckless abandon when it comes to spending, we have not had to face the consequences. It appears the day of reconning is not too far away.

While most people are busy trying to keep up with rising prices they are missing the big picture. Most people only have the time to read headlines and many of those are meant to deceive.

Made-up jobs numbers and inflation data are reported as gospel by the mockingbird media. Of course, the algorithms that do the trading are programmed for those very headlines.

While most are still in traditional debt-based assets the billionaires, countries and central banks have already started moving their assets into tangible wealth.

The most powerful entities in the financial universe are the central banks. They conjure up the cash, buy assets, and charge us interest on THEIR assets. This gives them a front-row seat as to what comes next.

Currently, they are ditching US dollars and replacing it with other currencies and GOLD.

The World Gold Council reported:

· Forty-five percent of central banks expected their gold reserves to increase in the next 12 months.

· Central Banks have accumulated an average of over 1000 TONS of gold for 4 years in a row and 89% of central banks believe that global central bank reserves will increase in the next 12 months.

· Seventy-four percent of central banks see moderate or significantly lower US dollar holdings in the next 5 years.

· Next month Singapore and Hong Kong are opening gold exchanges that will mandate physical delivery. This may be the straw that breaks the paper illusion that has led to major volatility and price suppression.

It appears to me that the writing is on the wall. It is important to understand that this is not an event that will take place in a day- although it may appear that way at some point. The US dollar is being taken apart piece by piece. The global south is trading with each other in local currencies. The BRICS are rolling out project M Bridge to bypass the SWIFT system which allows the US to weaponize global financial architecture. China is buying oil from Saudi Arabia for Yuan and not the dollar. India is paying in Rupees to over forty countries as we speak. The dollar is being destroyed by one thousand cuts. The most damaging thing comes from our own hands. Weaponization, hyper money creation, and obvious debt that is UNPAYABLE if the dollar retains even a fraction of its perceived value have foreign governments looking for alternative methods of settlement with gold as the ultimate settlement.

The paradigm that we have all lived with throughout our lifetimes is rapidly changing. Those that are astute enough to see and plan for it will be FAR better off than those that are comfortable and complacent.

Be Prepared!

Any opinions are those of Mike Savage and not necessarily of those of RJFS or Raymond James. Expressions of opinion are as of this date and are subject to change without notice. The information in this report does not purport to be a complete description of securities, markets or developments referred to in this material. The information has been obtained from sources deemed to be reliable but we do not guarantee that the foregoing material is accurate or complete. Any information is not a complete summary or statement of all available data necessary for making an investment decision and does not constitute a recommendation. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct.

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