Jim’s Daily Rant. Shot-Gunning An Insolvency.

If you still wonder if Trump is doing a Bankruptcy Reorganization, consider this.

When an organizer walks into a hell-hole, they are instantly immersed in an environment of panic and lack of hope.

The first task at hand is generate enough cash for three months of survival. This buys time to put a long term plan together; one the bankers and investors can bank on. This step requires holding a garage sale and having the wives doing cake sales if need be.

This then allows calm time to think clearly in searching for long-term solutions. As you are doing this you announce Bankruptcy protection to legally extend the quiet time to a year. The rest then is all up to your imagination and negotiating skills. All ties got to a Judge.

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Yesterday I suggested what appears as an infomercial. It ain’t. See: [Jim Rickards ] - Former CIA Advisor Uncovers Trump's $150 Trillion Plan? It feels like a half hour investment. He indicates that the hither-fore locked up minerals are valued at $175 Trillion.

This will pay off the US Debt four times over. Now this folks is a workable bankruptcy plan. Of course, the profits will go to investors, but they can be taxed and some prompted into in-country investments.

In it Rickards gives us a view that that Trump is having a garage sale for immediate $Billions in cash. He is selling land and mining rights to known mineral rich lands. By using the recent SCOTUS overturn of the CHEVRON rule, he is bulldozing all agency rules preventing mining. Thus investors can immediately begin mining.

Now realize it may take a year or two for ore to begin surfacing, so in the meantime one can see Trump negotiating with foreign miners for precious manufacturing minerals now – short term and long term planning in action for the US.