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Iranian President: The U.S. Will Suffer A Humiliating Defeat This Weekend

Photo Credit: AP Photo/Vahid Salemi

Speaking in a Wednesday cabinet session, President Hassan Rouhani said Washington failed in its attempts to reinstate a United Nations arms embargo as well as international sanctions on Iran, and these failures amount to major victories for Iran. Rouhani added that the U.S. would “suffer a humiliating defeat this weekend.”

“The US suffered ignominious defeats,” he said. “Our people should pay attention. This Saturday and Sunday will be days of the Iranian nation’s victory and days of humiliating defeats for the U.S,” he added according to Iran Front Page News.

 

“So, I urge anti-Iran news channels abroad not to fabricate stories that would indicate that the U.S. has made a claim and has waited for a month, so it can use this mechanism,” the president said. “After all, no mechanism ever started in the first place to be producing any results,” he added.

“I congratulate the Iranian nation, in advance, on the success that Iranians will secure on Saturday and Sunday, the same way that I congratulated Iranians on their resistance during the eight-year Iraqi imposed war on Iran [in the 1980s],” he added.

Elsewhere in his remarks, the president fulminated against the United Arab Emirates (UAE) and Bahrain for normalizing their relations with Israel. “[Israeli authorities] are committing more and more crimes in occupied Palestine every day. How come [the UAE and Bahrain] are extending your hands to Israel? Then you want to give Israel bases in this region. You will be responsible for all grave consequences of this move. Your action is against regulations and regional security,” he said.

A month ago, mainstream media in the U.S. declared that Trump has suffered a “humiliating defeat” at the UN in his efforts to impose sanctions on Iran.

US efforts to indefinitely extend an arms embargo collapsed last week when it suffered a humiliating defeat at the UN Security Council. A resolution sponsored by Washington only secured one other vote from the 15-member UN Security Council.

The US continues to maintain that despite its unilateral withdrawal it nonetheless has “an explicit right” to initiate the snapback sanctions and that any argument to the contrary would “create a perilous precedent that could threaten the force of virtually any Security Council decision.”- Middle East Monitor, 8/20/2020

Hopefully, this doesn’t elude to a war. It’s important information, however. Stay alert and aware. If history has shown us anything, it’s that things will get crazy as the rhetoric ramps up.

The post Iranian President: The U.S. Will Suffer A Humiliating Defeat This Weekend first appeared on SHTF Plan – When It Hits The Fan, Don't Say We Didn't Warn You.

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SILVER SLAPS GOLD: Sit Down – WATCH HOW IT’S DONE!

This article was contributed by Tom Beck with Portfolio Wealth Global. 

There’s no comparison between the two since 1971; gold is simply a BETTER ASSET to own than silver in the past 49 years. It’s a fact. Numbers don’t lie.

R.H. Macy was an American entrepreneur, but like many others, his first attempts at cracking the world of business, understanding retail tastes and how to run a business, FAILED MISERABLY, and fell short of glory.

In fact, his first four tries at building and managing department stores ENDED IN DEFEAT.

Not many would go for it a fifth time, certainly not FIFTEEN YEARS later, but he did. Macy’s became a huge COMMERCIAL SUCCESS.

Silver, much like Mr. Macy, has failed at breaking out several times. Just like Mr. Macy, I’m sure the camp of people who believe in it HAS DWINDLED. After all, gold has multiplied in price 51 times since 1971, while silver has managed to only multiply by 10 times.

Courtesy: U.S. Global Investors

Even during the first half of 2020, gold is the CLEAR WINNER.

Right now, though, for a very brief moment of time, silver, the little sister, wants to run faster than its older brother, gold. Portfolio Wealth Global believes that it can.

We see silver hitting $21/ounce (a 12% gain from today’s price) before gold hits $2,000 (a 12% gain from today’s price as well).

Importantly, once gold does hit the $2,000 mark, silver will VERY QUICKLY jump to $25, as we see it.

In other words, in the NOT-SO-DISTANT future, silver will emerge as the world’s HOTTEST COMMODITY.

This has CRITICAL RAMIFICATIONS to our incredibly profitable gold stocks portfolio. It has ALREADY reached the triple-digit hemisphere and still has TREMENDOUS UPSIDE left in it.

Silver invites RETAIL SPECULATORS, which, as you can see, are able to take any company and DREAM UP crazy valuations for it – based on God-knows-what thesis, such as in the cases of many DARLING NAMES of the day, which make no mathematical sense, from a purely fundamental perspective.

Courtesy: Zerohedge.com

We see in the data that the RECOVERY of consumer spending has basically stopped. Americans, who up until February were enjoying a strong jobs market, low inflation, and no health issues, got their heads spun by this global panic.

It will take 3-5 years for the jobs market to recover to its February 2020 condition.

This is REFLATION PERIOD, very similar to the 2009 era when silver made a move from $9 to $49. We do not believe anything like that is BOUND TO OCCUR, but we are ABSOLUTELY CONVINCED that gold and silver stocks are in a rock-solid uptrend, which will be LEGENDARY.

We’re seeing it already and in the next three weeks of July and going into August, we will profile a NEW COMPANY, which has never been covered on the pages of ANY NEWSLETTER. We will also be updating on existing profiled companies, which are currently making GIANT STRIDES.

Courtesy: Zerohedge.com

Bond investors have simply NOT BOUGHT INTO the recovery thesis at all. The fact that they’re still willingly lending currency to government and PAYING FOR THE PRIVILEGE (negative interest rates), is proof that they are still TERRIBLY UNCONVINCED that the real economy is out of the woods.

The printing presses have to keep filling the ink cartridges because this isn’t going to stop anytime soon.

There’s so much to this; it’s not a rally – it’s a BULL MARKET.

The point of NO RETURN is in the rearview mirror.

Fortunes will be made. The mess below is not HUMANLY POSSIBLE to untangle:

Courtesy: Zerohedge.com

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