Wow! Snow that just sucks. If any consolation we're expecting 30 plus centimetres tomorrow through Monday with high winds. Third Monday in a row with 15 centimetres or more. The temps here have stayed in the negative digits celsius for a couple of weeks now as well. Not historical numbers but unusual compared to the last decade or so.
Interesting moves in PM markets yesterday! I'm long, very long.
This concerted attack made up for the losses of some very big manipulators, I'm sure. I don't know that we will ever know the details. There is like $38 divergence on silver between COMEX and Shanghai now. That can't be real. "Markets" don't even have a fig leaf.
Each day we read more about the deranged US mullahs thinking that world domination will somehow make them happy.
Naval blockades now preventing Russia trading by sea. They've not yet stopped Eurasia trading on land of course. The New Silk Roads being railways, not horse/camel rides.
One of these months someone is going to sink 6 dozen USA 'super destroyers' thousands of miles away from US waters. Their aim will be total annihilation of every human being on board.
That's when things will get real. When the USA has its own men and women killed, its own destroyers sunk and its own fiat dollar becoming ever more worthless by the day.
Not that the billionaires care about that. They got out of dollars long ago. They just force the rest of the world to hold them, because if anyone is to be bankrupted by a dollar collapse, it is the foreign minions, not the Masters of the Universe.....
We British folk viewed with disdain the appointment of Scott Bessent to a senior US position: he showed what he thought of the 'Special Relationship' by betting against the Bank of England in 1992, whilst whoring himself for George Soros. That is to the British the same as George III was to the USA in the 18th century....
We know the Special Relationship doesn't exist, because whenever the choice is between friendship and solidarity and making billions through impoverishing the other, the US vultures aways take the money......
Bessent understands the battlefield, though. This will be a rocky descent for the $US.
I have been thinking about it, and I suspect that Israeli F-35s getting shot down on a run to Iran might be the first little embarrassement. Iran will have to shoot them down at the range of their cruise missiles, before they enter Iranian airspace, over Syria.
Money is nothing — even if it’s backed by gold, silver, platinum, or just pure imperial bullying, like TACO Comb-Over is practicing right now.
Why?
Because when the real financial bubble pops — which is inevitable — nobody will trade food for precious metals.
As you may remember, I was growing up in Eastern Europe, I remember a communist, post-WWII movie. It was pure propaganda, but it contained an unexpectedly sharp insight.
A group of greedy people and one “model” socialist couple get trapped in the basement of a bombed-out building after a Nazi air raid. The greedy group believes there’s a hidden post-war treasure buried under the collapsing floor. The socialist couple, meanwhile, call *each other* their “treasures” and even draw a map of their apartment showing where each of those “treasures” sleeps.
Eventually, the walls collapse further. Through the chimneys, they hear people above giving up on them, saying that only greedy fools would live in a building like this.
Then something remarkable happens.
The greedy people begin settling debts among themselves — even as the other side denies there’s anything left to settle.
As death becomes imminent, they throw their money, gold, and jewelry onto the floor, begging that anyone who can bring them a glass of water or a slice of bread can have it all.
The twist is almost unbelievable.
One of the socialist friends suddenly remembers they had recently moved into the basement. They dig through the rubble and free everyone.
And the moment the greedy people realize they’re saved?
They scramble to reclaim every “worthless” treasure they had just thrown away — even threatening each other with violence if anyone dares to make a claim.
There was a Twilight Zone episode, "The Rip Van Winkle Caper" where robbers stole gold and had a machine in the desert that kept them in suspended animation for 100 years until the statute of limitations of their crime was over, but maybe one guy lived, and the other died, then he couldn't find water, and tried to buy it with gold from friendly strangers, but gold was just an oddity, nothing valuable by then.
I have invested in my kids, being debt-free, gardens, bikes and old Toyotas. I had a fairly hefty bag of silver stolen in a burglary 13 years ago, and never replaced it.
I see myself as being a steward for the family, not an owner of things.
The kids are all grown ups and doing well: MD, engineer, engineer, Ph.D. statistician... Nione of them has any educational debt.
I will add that I never invested in anything that pays interest, or stocks or bonds. That always seemed like usury to me.
I get Social Security. I spent a smallish retirement on the first 1/3 of building a house, contracting it, drawing the plans, and doing a lot of the internal work for over a year. I like it. We built it without borrowing.
If I had an advice it would be more in the realm of spirituality. What many people have missed or not noticed was the covid-19 was in a sense spiritual warfare as well...
Here is what RFK jr. implied in his speech (reported by Rev.com and other sources), Kennedy claimed that COVID-19 measures “undermined our First Amendment rights” and argued that the government:
“…closed every church in this country for a year with no due process, with no scientific citation, with no public hearings, no notice and comment rulemaking… All of our constitutional rights were plowed under.”...
The Catholic Church for example was already under the attack for clergy child abuse legal cases piling up to the point where Vatican thought that the church would be so overwhelmed by this and collapse...
Richard C. Cook nails it, in 1968 I witnessed the end of de Gaulle and the results. It could also be labeled as "victory for the oligarchs" who subsequently used $$ to buy influence / power in Europe. This at the expense of small scale production, dependent on quality and consumer support.
The difference with the US, that has far fewer hurdles to start a business so it still is teeming with small scale production, often "family tradition".
Corporations run by oligarchs are ruthless, one of the best examples I know, United Fruit Company. By using loads of toxic pesticides and chemical fertilizers, soil fertility in countries was destroyed which halted harvests. The corporation sacked all workers and set up shop in a neighboring country, to do the same.
Large-scale corporations (infrastructure, energy, health, education, defense etc.) should be govt run only, and under strict anti-corruption rules: when guilty, labor camp for life or the firing squad. Only then, a country can enjoy progress for all within a "no debt issue" economy that also can deal preemptively with climate and resource issues..
Hence the draconian punishment for corruption in the PRC, plus the issue that oligarchs have to stay out of politics. But there always are a few individuals thinking they can outsmart the system.
Glenn Diesen - Seyed M. Marandi : Iran Warns of Overwhelming Retaliation to ANY U.S. STRIKE
NOT Israel is the Target but all US assets in the Middle East, we all go down if not…
What’s the Talmud saying about it, all Zion advisors of Trump should know. They don’t wanna know they ignore it and besides the Talmud has not the monopoly it’s in all Eastern and Western holy scriptures…Hindu, Buddhist, Christian even in agnostic. The Sun rises in the East.
Fwiw, … interesting find. Interesting mind! Excellent read: Nel Bonilla:
“How the West traded the "Rules-Based Order" for the logic of the Bunker State. On Davos and transatlantic elite speeches.”
https://substack.com/home/post/p-185722726
… but what do I know?
Best,
F.S.
Thanks FS:
I read it. It is a lot of words. I think it's mostly right, but it is good that I read fast, and it was still a chore.
The writer probably needed a nap after writing it, too.
;-/
Wow! Snow that just sucks. If any consolation we're expecting 30 plus centimetres tomorrow through Monday with high winds. Third Monday in a row with 15 centimetres or more. The temps here have stayed in the negative digits celsius for a couple of weeks now as well. Not historical numbers but unusual compared to the last decade or so.
Interesting moves in PM markets yesterday! I'm long, very long.
This concerted attack made up for the losses of some very big manipulators, I'm sure. I don't know that we will ever know the details. There is like $38 divergence on silver between COMEX and Shanghai now. That can't be real. "Markets" don't even have a fig leaf.
https://no01.substack.com/p/this-ones-for-the-history-books
I'm long vegetable gardens and I even have spare bicycles and old Toyotas that work.
Each day we read more about the deranged US mullahs thinking that world domination will somehow make them happy.
Naval blockades now preventing Russia trading by sea. They've not yet stopped Eurasia trading on land of course. The New Silk Roads being railways, not horse/camel rides.
One of these months someone is going to sink 6 dozen USA 'super destroyers' thousands of miles away from US waters. Their aim will be total annihilation of every human being on board.
That's when things will get real. When the USA has its own men and women killed, its own destroyers sunk and its own fiat dollar becoming ever more worthless by the day.
Not that the billionaires care about that. They got out of dollars long ago. They just force the rest of the world to hold them, because if anyone is to be bankrupted by a dollar collapse, it is the foreign minions, not the Masters of the Universe.....
We British folk viewed with disdain the appointment of Scott Bessent to a senior US position: he showed what he thought of the 'Special Relationship' by betting against the Bank of England in 1992, whilst whoring himself for George Soros. That is to the British the same as George III was to the USA in the 18th century....
We know the Special Relationship doesn't exist, because whenever the choice is between friendship and solidarity and making billions through impoverishing the other, the US vultures aways take the money......
Bessent understands the battlefield, though. This will be a rocky descent for the $US.
I have been thinking about it, and I suspect that Israeli F-35s getting shot down on a run to Iran might be the first little embarrassement. Iran will have to shoot them down at the range of their cruise missiles, before they enter Iranian airspace, over Syria.
Sometimes, every day seems like Ground Hog Day and the news just repeats . . .
It's not my fault, Til. I'm trying to bring the world around, but have nothing much to show
;-(
Thanks for the post!
Money is nothing — even if it’s backed by gold, silver, platinum, or just pure imperial bullying, like TACO Comb-Over is practicing right now.
Why?
Because when the real financial bubble pops — which is inevitable — nobody will trade food for precious metals.
As you may remember, I was growing up in Eastern Europe, I remember a communist, post-WWII movie. It was pure propaganda, but it contained an unexpectedly sharp insight.
A group of greedy people and one “model” socialist couple get trapped in the basement of a bombed-out building after a Nazi air raid. The greedy group believes there’s a hidden post-war treasure buried under the collapsing floor. The socialist couple, meanwhile, call *each other* their “treasures” and even draw a map of their apartment showing where each of those “treasures” sleeps.
Eventually, the walls collapse further. Through the chimneys, they hear people above giving up on them, saying that only greedy fools would live in a building like this.
Then something remarkable happens.
The greedy people begin settling debts among themselves — even as the other side denies there’s anything left to settle.
As death becomes imminent, they throw their money, gold, and jewelry onto the floor, begging that anyone who can bring them a glass of water or a slice of bread can have it all.
The twist is almost unbelievable.
One of the socialist friends suddenly remembers they had recently moved into the basement. They dig through the rubble and free everyone.
And the moment the greedy people realize they’re saved?
They scramble to reclaim every “worthless” treasure they had just thrown away — even threatening each other with violence if anyone dares to make a claim.
So tell me, John — what do you think?
Souinds like a movie.
;-)
There was a Twilight Zone episode, "The Rip Van Winkle Caper" where robbers stole gold and had a machine in the desert that kept them in suspended animation for 100 years until the statute of limitations of their crime was over, but maybe one guy lived, and the other died, then he couldn't find water, and tried to buy it with gold from friendly strangers, but gold was just an oddity, nothing valuable by then.
https://twilightzone.fandom.com/wiki/The_Rip_Van_Winkle_Caper#:~:text=Farwell%20then%20continues%20to%20a,Preview%20for%20Next%20Week's%20Story
Do you buy gold or any other “precious metals”?
I have invested in my kids, being debt-free, gardens, bikes and old Toyotas. I had a fairly hefty bag of silver stolen in a burglary 13 years ago, and never replaced it.
I see myself as being a steward for the family, not an owner of things.
The kids are all grown ups and doing well: MD, engineer, engineer, Ph.D. statistician... Nione of them has any educational debt.
I will add that I never invested in anything that pays interest, or stocks or bonds. That always seemed like usury to me.
I get Social Security. I spent a smallish retirement on the first 1/3 of building a house, contracting it, drawing the plans, and doing a lot of the internal work for over a year. I like it. We built it without borrowing.
I love it! :-)
This is clearly not "financial advice" ;-)
No John.
If I had an advice it would be more in the realm of spirituality. What many people have missed or not noticed was the covid-19 was in a sense spiritual warfare as well...
Here is what RFK jr. implied in his speech (reported by Rev.com and other sources), Kennedy claimed that COVID-19 measures “undermined our First Amendment rights” and argued that the government:
“…closed every church in this country for a year with no due process, with no scientific citation, with no public hearings, no notice and comment rulemaking… All of our constitutional rights were plowed under.”...
The Catholic Church for example was already under the attack for clergy child abuse legal cases piling up to the point where Vatican thought that the church would be so overwhelmed by this and collapse...
Then, covid-19 came... and you know the rest....
I just opened my investment portfolio and 13% of it evaporated overnight. Another illusion has become real….
Perfect! thanks John.
I used to love this show and then I forgot that it was real in many ways…lol
Richard C. Cook nails it, in 1968 I witnessed the end of de Gaulle and the results. It could also be labeled as "victory for the oligarchs" who subsequently used $$ to buy influence / power in Europe. This at the expense of small scale production, dependent on quality and consumer support.
The difference with the US, that has far fewer hurdles to start a business so it still is teeming with small scale production, often "family tradition".
Corporations run by oligarchs are ruthless, one of the best examples I know, United Fruit Company. By using loads of toxic pesticides and chemical fertilizers, soil fertility in countries was destroyed which halted harvests. The corporation sacked all workers and set up shop in a neighboring country, to do the same.
Large-scale corporations (infrastructure, energy, health, education, defense etc.) should be govt run only, and under strict anti-corruption rules: when guilty, labor camp for life or the firing squad. Only then, a country can enjoy progress for all within a "no debt issue" economy that also can deal preemptively with climate and resource issues..
Any power center attracts and accumulates the ruthless ;-(
Hence the draconian punishment for corruption in the PRC, plus the issue that oligarchs have to stay out of politics. But there always are a few individuals thinking they can outsmart the system.
A harsh lifestyle.
Corruption has been compared to metastasis of cancer - it has to be rooted out whatever that takes.
Glenn Diesen - Seyed M. Marandi : Iran Warns of Overwhelming Retaliation to ANY U.S. STRIKE
NOT Israel is the Target but all US assets in the Middle East, we all go down if not…
What’s the Talmud saying about it, all Zion advisors of Trump should know. They don’t wanna know they ignore it and besides the Talmud has not the monopoly it’s in all Eastern and Western holy scriptures…Hindu, Buddhist, Christian even in agnostic. The Sun rises in the East.