You described that in the most starkly and clear terms possible... Exactly. When no one will buy a Treasury, then the game is over and the oligarchs skip town with their loot. In the meantime they will 'liquidate' anyone to keep the game going.
Well, sovereign entities are already downsizing US Treasury obligations on their balance sheets and buying gold with the proceeds. And the Bank Cartel sees this. And we are hearing that the Fed is now not only the lender of last resort, but also the buyer of last resort. And what is the Fed bank buying? I hear it is general equites which are, after all, somewhat 'tangible' ... even if not as tangible as gold, silver, oil and other basic commodities. And so, the Cartel and Friends will always skip town in some tangible way while leaving the dummies (and even the smart unfortunates) hold the debt bag, and the brunt of the fallout thereof.
I heard an interesting tidbit. I heard that BRICS Plus did a trial run on the Unit involving a UAE transaction. And I heard that BRICS cleared the Unit transaction through the BIS at which point my ears fell off ... and I am still looking for them. If so, this is significant (but how I cannot precisely say). But it would seem to imply that the real architecture of the new world monetary clearing system would be multipolar ... including the dollar as one of two, possibly three major 'reserve' currencies (units of account). This would also have major implications on any dollar reset. And as a real wild speculation, this might also suggest that the next Selection Candidate is indeed Trump as the bankers may well realize that for the sake of stability, a monetary reset requires someone smarter and more sober and schooled than the Camel. Nonetheless, and moreover ... put this thought against Powell most recent odd remark that it is 'possible to have more than one reserve currency' (bearing in mind that Fed chairs don't talk like this just for the fun of it!)
Also, more than one world reserve currency adds a pretext to ending wild US/Fed money printing. That is, the necessity to compete by implement sound fical/monetary policy. And then add in the multi-generational narrative roll back going on ... and maybe pieces are beginning to line up. ???
(P.S. I am still look for my ears. They must be somewhere. Maybe in my room? However, if I don't find them, no big deal. Because DeWife says I am blind and I figure that I might as well add in deaf.)
Then I saw this...................................
63 central banks are implementing Basel III which includes the widespread practice of “bail-ins” to rescue failing banks
Yesterday, the Bank for International Settlements announced that its member jurisdictions have made significant progress in implementing the final elements of Basel III.
Basel III includes wide acceptance of bail-in as a way of rescuing failing banks. Unlike a bailout, which involves external assistance (often from taxpayers), a bail-in restructures the bank’s liabilities internally which includes taking the money you have on deposit and in savings accounts, as these form part of the bank’s liabilities, and converting them from cash you can use into something else, e.g. shares in the bank.
In other words, it is a bailout by the taxpayers but without the government as the middleman. As a depositor or saver, the bail-in conditions will not be negotiated with you...
Here's a question for you. Which will rise or drop faster on balance in relationship to one another in a net balance determination, gold or bailout extractions? And factoring in real purchasing power?
I.e., if gold goes down in USD terms, but the price of goods and services drops faster, are you richer or poorer?
I believe our currency is in trouble too. What I don't know is what I should do about it. The only advice I ever see is to buy gold, and that advice is coming from companies that sell gold. So it's hard to tell if that's really the best thing to do.
What one does depends upon the size of one's portfolio because as the size of a portfolio alters the scaling of one's thinking. That is, someone with hundred of thousands and millions to plunk down does not think like someone with only a thousands or tens of thousands 'under self-management', so to speak..
I always tell people to start out with physically held silver and gold. First buy US 90% coin silver (1964 and before, and also called 'junk silver') starting with dimes and quarters because dimes and quarters are spendable in small units. I have bought larger denomiated size when the price is attractive. For this reason I have also bought real copper US pennies, mostly 'wheat' pennies. After one has enough of that, then gold is fine. I have bought tenth, quarter and half ounce gold coins because this is more spendable if I ever wanted to use gold to buy something. Most of my gold purchases, however, are in one ounces coins (mostly US Gold Eagles, Canadian Maples Leaves and Krugerrands) because of lower premiums over spot. After that I buy gold and silver stocks (majors and royality streamers). After that I buy production domestic oil companies mid-tier with a solid history of dividend payouts, and I buy these only when oil stocks are dirt cheap and nobody wants them.
That's what I do. Maybe some day I may by general equities, but only when they are dirt cheap, with low debt loads and a history of good dividend payout. Again that what I do is what I do, and in no way is what I do to be construed as investment advice.
My guess is that we are at a point once again similar to that of 2001 with gold and silver finally ready to rocket launch. And I like the shiny stuff because that is what the big boys/central banks have been stack now ever since the 2008/2009 bust which was never fixed, only papered over.
I also buy and stock food stuffs (prepper type long storage) and hope that I never have to eat that crap.
LOL... That is the best summary real world advice I've seen. I wouldn't change anything. I might add a small "investment" in self-defense "equipment" and training in the use thereof.
Well ... I agree. But that was a tad off subject. And I should have added for oil stocks, US domestic mid-tier heavy Permian Basin and surrounding formations to limit international exposures.
Ain't that the truth! And how do all of the flim-flam people live with themselves? (My people were leather mill owners. At least there was a real use for that product (shoes, belts, gloves and mittens, wallets, etc.).
Wow. Thanks for the latest. Hard to fathom, voluntarily giving up dominance in power. I'm still of the mind the best way out is to scrap the debt-based Fed system. Not educated or smart enough to conceive or map out a multi polar system. Still gives "THEM" control. Not in my interest as far as I can see. -?
It is very difficult to figure this all out since the Central Banker 'insiders' never telegraph in great detail. They just drop hints. And they are want to largely speak in two principle languages ... Word Saladese and Gibberish. Powell's 'there could be more than one world reserver' looks to me to be a bomb shell.
The second 'big statement' Powell has made has to do with spending. That is, Powell has clearly indicated that the US deficit spending in the trillions is 'unsustainable'.
The third Western Banker Cartel problem is that the Woke Political Class has taken over 'the company store' and the bankers want it back (control).
I submit that these three problems are interconnected. And that perhaps being 'the world's single reserve unit of account' is also 'unsustainable'. Add these elements to what appears to be an ongoing Multi-Generational Super-Narrative shift (Musk, Milei, Tucker Carlson and others promoting it), and something big is going on.
And speaking of 10,000 miles up - and beyond - you remember Grand Funk Railroad? (What's coming in link is not music in the Grand Funk sense but in another all together...)
Used to try to listen - emphasis on try - to Greenspan and Bernanke in the days before playback was available and before the coinage of "word salad." Thought I understood half of what they said but always left muddled by the other half. Yellen was worse. I gave up. Thank you for your persistence!
And thank you for your attempt at discerning signals. It's better than my utter failure to even listen anymore.
Even without benefit of interpretation it's clear from 10,000 miles up that something on the planet is changing: <𝘴𝘰𝘮𝘦𝘵𝘩𝘪𝘯𝘨 𝘣𝘪𝘨 𝘪𝘴 𝘨𝘰𝘪𝘯𝘨 𝘰𝘯 >. So much coming to light that's been hidden for essentially millennia. Whole lotta people "knew" about darkness without being able to provide any credible proof. That's changing. A whole swath of systems are unsustainable. I for one welcome the collapse of the house of cards. It's scary as heck on one level, fascinating and exciting on another.
Ninety-nine percent of what the Central Banking Mafia says is utter gibberish deliberately meant to deceive. In short, the Federal Reserve System been perpetual lying machine ever since Americans ‘were sold’ the lie of fiat central banking back in 1913. As to Janet Yellen, to me at least, she appears to be the dullest of knives in the central banker drawer. And so, and against the prevailing backdrop, when Powell says the debt spending is unsustainable and that there can be more than one world reserve currency, such out of character statements stick out like a sore thumb. And granted, the rest of Powell's gibber/jabber is utter rubbish.
I found it interesting that you latched onto the Grand Funk Railroad guy as a thing of significance. And although maybe not exactly the stuff of Calvin and Reformation formulation, his talk about ‘debt’ strikes to the core because debt is the central feature of the central banker enslavement scheme. First and in regard to this, the Lord’s Prayer speaks variously of ‘debts’ and ‘trespasses’ … and elsewhere Lord Jesus speaks of ‘burden/burdens’ and of ‘giving rest’. And no matter what the translations may be, burdens are felt as weight and a weight pulling us down. And as such, I found it remarkably insightful that in speaking of ‘debt’ that the guy said as well … ‘and I am not just speaking of financial debt’. And I must say, when I got fed up with my wife’s mortgage and paid it off with one lump sum check payment, I went home and sat down in front my computer and I suddenly palpably experienced the weight of that mortgage just lift from my shoulders. And is somewhat took me quite by surprise. And yes, I realized that unconsciously people daily carry this weight daily, and become so accustomed to the weight of their enslaving obligation that they come not to even notice it. Many other people I have spoken with have had this experience of ‘lifting of weight’ once the house is paid off. So, thanks for the video. It was very interesting. And a prime point is that ‘debt’ is all encompassing, and again … not just financial.
I once suffered a severe disorientating trauma from having witnessed a suicide, of a young crazed women letting herself over the side of a building from the terrace of a penthouse apartment in Manhattan. And to this say, I can still hear the thud of was happened seconds later. After is was over, after the suicide squad had left, I was resting and trying to recover when all of a sudden my breathing got lighter and lighter … and suddenly I was up at the ceiling looking down at my resting body. I had a total consciousness. I knew what was going on. But it scared the crap out of me and in an instance I was back in my body. As a result, I tend to think time is a grand illusion but that there is eternal change. And so, in light of my own very, very small experience, it is far easier to grasp the reality of what the guy was saying than absent every having such an experience.
Gene Roddenberry - probably highly rewarded by his masters for propagating what they needed - via Capt. Kirk drummed into the pop psyche a deliberately(? = imo) misleading far look forward. IMHO consciousness, not space, is the final frontier. You have your hard won experience to weigh any veracity of that assertion.
Max Planck, the "father" of quantum mechanics, asserted nearly 100 years ago that consciousness precedes matter - paraphrased badly here but down to its bones that was the crux. Yet there are still materialists in the field who, again by design, or some of which is due to uninspired thinking, keep us inside the box designed by the controllers to keep us enslaved, on many levels as you thoroughly grasped from Farner's remarks.
There are those that assert that not only time, but that this reality is an illusion. Witness your own experience. Folks are feeling less constrained these days about talking about such experiences, a shift from even a decade or just over decade ago (and thousands of years prior) for fear of being labeled not in a good way.
< 𝘴𝘰𝘮𝘦𝘵𝘩𝘪𝘯𝘨 𝘣𝘪𝘨 𝘪𝘴 𝘨𝘰𝘪𝘯𝘨 𝘰𝘯 > Everything is energy, a fundamental observation/fact from quantum physics. The energy on the planet is shifting. Wish I could articulate better just how, but no. Only, when one observes the underbelly being exposed I have to lean toward an "upward" shift. Enlightened if you will. -? Inspired? I sense that not only is there momentum and the shift cannot be quashed by those who would control humanity entirely, clearly their intent, but also the hand of God/pure Love/the Source of everything that ever existed and ever will. How it will all play out I have no idea, but fall back on, God wins. I hope I'm around to see some of the good stuff. Statistically not all that much time left for me on the planet. We'll see.
Thank you for the thought-energy of placing God's blessing on me. I invoke the same for you and yours.
Consciousness preceding matter sort of gets my vote, not that it matters. And yes, I have given such matters some thought. As to all of this, it is a mystery far exceeding my human and rather modest ability to comprehend. And I do shun New Age confusions because it is entirely too easy to go over the edge and lose onself in a bottomless abyss.
I always remember that God gave to us his Commandments for the purpose of a moral ordering pleasing to God. And I remember that while in the moral coil we are to love what God loves and to hate God hates, and that regarding this that the fear of God is the beginning of Wisdom. Thus, while dwelling among Mankind, love is always conditioned by qualifications. Thus Man cannot love Man (his neighbor) by loving in Man what God hates. Thus, there is in this material world of flesh and blood no love which goes unshaped by God's Moral Institutes.
You described that in the most starkly and clear terms possible... Exactly. When no one will buy a Treasury, then the game is over and the oligarchs skip town with their loot. In the meantime they will 'liquidate' anyone to keep the game going.
Well, sovereign entities are already downsizing US Treasury obligations on their balance sheets and buying gold with the proceeds. And the Bank Cartel sees this. And we are hearing that the Fed is now not only the lender of last resort, but also the buyer of last resort. And what is the Fed bank buying? I hear it is general equites which are, after all, somewhat 'tangible' ... even if not as tangible as gold, silver, oil and other basic commodities. And so, the Cartel and Friends will always skip town in some tangible way while leaving the dummies (and even the smart unfortunates) hold the debt bag, and the brunt of the fallout thereof.
I heard an interesting tidbit. I heard that BRICS Plus did a trial run on the Unit involving a UAE transaction. And I heard that BRICS cleared the Unit transaction through the BIS at which point my ears fell off ... and I am still looking for them. If so, this is significant (but how I cannot precisely say). But it would seem to imply that the real architecture of the new world monetary clearing system would be multipolar ... including the dollar as one of two, possibly three major 'reserve' currencies (units of account). This would also have major implications on any dollar reset. And as a real wild speculation, this might also suggest that the next Selection Candidate is indeed Trump as the bankers may well realize that for the sake of stability, a monetary reset requires someone smarter and more sober and schooled than the Camel. Nonetheless, and moreover ... put this thought against Powell most recent odd remark that it is 'possible to have more than one reserve currency' (bearing in mind that Fed chairs don't talk like this just for the fun of it!)
Also, more than one world reserve currency adds a pretext to ending wild US/Fed money printing. That is, the necessity to compete by implement sound fical/monetary policy. And then add in the multi-generational narrative roll back going on ... and maybe pieces are beginning to line up. ???
(P.S. I am still look for my ears. They must be somewhere. Maybe in my room? However, if I don't find them, no big deal. Because DeWife says I am blind and I figure that I might as well add in deaf.)
Then I saw this...................................
63 central banks are implementing Basel III which includes the widespread practice of “bail-ins” to rescue failing banks
Yesterday, the Bank for International Settlements announced that its member jurisdictions have made significant progress in implementing the final elements of Basel III.
Basel III includes wide acceptance of bail-in as a way of rescuing failing banks. Unlike a bailout, which involves external assistance (often from taxpayers), a bail-in restructures the bank’s liabilities internally which includes taking the money you have on deposit and in savings accounts, as these form part of the bank’s liabilities, and converting them from cash you can use into something else, e.g. shares in the bank.
In other words, it is a bailout by the taxpayers but without the government as the middleman. As a depositor or saver, the bail-in conditions will not be negotiated with you...
https://expose-news.com/2024/10/02/63-central-banks-are-implementing-basel-iii/
Here's a question for you. Which will rise or drop faster on balance in relationship to one another in a net balance determination, gold or bailout extractions? And factoring in real purchasing power?
I.e., if gold goes down in USD terms, but the price of goods and services drops faster, are you richer or poorer?
Lol... Is that a trick question? The one holding USD gains the most.
I believe our currency is in trouble too. What I don't know is what I should do about it. The only advice I ever see is to buy gold, and that advice is coming from companies that sell gold. So it's hard to tell if that's really the best thing to do.
What one does depends upon the size of one's portfolio because as the size of a portfolio alters the scaling of one's thinking. That is, someone with hundred of thousands and millions to plunk down does not think like someone with only a thousands or tens of thousands 'under self-management', so to speak..
I always tell people to start out with physically held silver and gold. First buy US 90% coin silver (1964 and before, and also called 'junk silver') starting with dimes and quarters because dimes and quarters are spendable in small units. I have bought larger denomiated size when the price is attractive. For this reason I have also bought real copper US pennies, mostly 'wheat' pennies. After one has enough of that, then gold is fine. I have bought tenth, quarter and half ounce gold coins because this is more spendable if I ever wanted to use gold to buy something. Most of my gold purchases, however, are in one ounces coins (mostly US Gold Eagles, Canadian Maples Leaves and Krugerrands) because of lower premiums over spot. After that I buy gold and silver stocks (majors and royality streamers). After that I buy production domestic oil companies mid-tier with a solid history of dividend payouts, and I buy these only when oil stocks are dirt cheap and nobody wants them.
That's what I do. Maybe some day I may by general equities, but only when they are dirt cheap, with low debt loads and a history of good dividend payout. Again that what I do is what I do, and in no way is what I do to be construed as investment advice.
My guess is that we are at a point once again similar to that of 2001 with gold and silver finally ready to rocket launch. And I like the shiny stuff because that is what the big boys/central banks have been stack now ever since the 2008/2009 bust which was never fixed, only papered over.
I also buy and stock food stuffs (prepper type long storage) and hope that I never have to eat that crap.
LOL... That is the best summary real world advice I've seen. I wouldn't change anything. I might add a small "investment" in self-defense "equipment" and training in the use thereof.
Well ... I agree. But that was a tad off subject. And I should have added for oil stocks, US domestic mid-tier heavy Permian Basin and surrounding formations to limit international exposures.
Very interesting and so good to hear from someone not selling anything!
Ain't that the truth! And how do all of the flim-flam people live with themselves? (My people were leather mill owners. At least there was a real use for that product (shoes, belts, gloves and mittens, wallets, etc.).
Wow. Thanks for the latest. Hard to fathom, voluntarily giving up dominance in power. I'm still of the mind the best way out is to scrap the debt-based Fed system. Not educated or smart enough to conceive or map out a multi polar system. Still gives "THEM" control. Not in my interest as far as I can see. -?
Hope you locate them ears...
It is very difficult to figure this all out since the Central Banker 'insiders' never telegraph in great detail. They just drop hints. And they are want to largely speak in two principle languages ... Word Saladese and Gibberish. Powell's 'there could be more than one world reserver' looks to me to be a bomb shell.
The second 'big statement' Powell has made has to do with spending. That is, Powell has clearly indicated that the US deficit spending in the trillions is 'unsustainable'.
The third Western Banker Cartel problem is that the Woke Political Class has taken over 'the company store' and the bankers want it back (control).
I submit that these three problems are interconnected. And that perhaps being 'the world's single reserve unit of account' is also 'unsustainable'. Add these elements to what appears to be an ongoing Multi-Generational Super-Narrative shift (Musk, Milei, Tucker Carlson and others promoting it), and something big is going on.
And speaking of 10,000 miles up - and beyond - you remember Grand Funk Railroad? (What's coming in link is not music in the Grand Funk sense but in another all together...)
https://www.youtube.com/watch?v=4mPctOqggVY
Who talked about this stuff in bygone days? Check out some of the comments. God is Great; The Only.
Used to try to listen - emphasis on try - to Greenspan and Bernanke in the days before playback was available and before the coinage of "word salad." Thought I understood half of what they said but always left muddled by the other half. Yellen was worse. I gave up. Thank you for your persistence!
And thank you for your attempt at discerning signals. It's better than my utter failure to even listen anymore.
Even without benefit of interpretation it's clear from 10,000 miles up that something on the planet is changing: <𝘴𝘰𝘮𝘦𝘵𝘩𝘪𝘯𝘨 𝘣𝘪𝘨 𝘪𝘴 𝘨𝘰𝘪𝘯𝘨 𝘰𝘯 >. So much coming to light that's been hidden for essentially millennia. Whole lotta people "knew" about darkness without being able to provide any credible proof. That's changing. A whole swath of systems are unsustainable. I for one welcome the collapse of the house of cards. It's scary as heck on one level, fascinating and exciting on another.
Really appreciate your input in this space. 👍
Ninety-nine percent of what the Central Banking Mafia says is utter gibberish deliberately meant to deceive. In short, the Federal Reserve System been perpetual lying machine ever since Americans ‘were sold’ the lie of fiat central banking back in 1913. As to Janet Yellen, to me at least, she appears to be the dullest of knives in the central banker drawer. And so, and against the prevailing backdrop, when Powell says the debt spending is unsustainable and that there can be more than one world reserve currency, such out of character statements stick out like a sore thumb. And granted, the rest of Powell's gibber/jabber is utter rubbish.
I found it interesting that you latched onto the Grand Funk Railroad guy as a thing of significance. And although maybe not exactly the stuff of Calvin and Reformation formulation, his talk about ‘debt’ strikes to the core because debt is the central feature of the central banker enslavement scheme. First and in regard to this, the Lord’s Prayer speaks variously of ‘debts’ and ‘trespasses’ … and elsewhere Lord Jesus speaks of ‘burden/burdens’ and of ‘giving rest’. And no matter what the translations may be, burdens are felt as weight and a weight pulling us down. And as such, I found it remarkably insightful that in speaking of ‘debt’ that the guy said as well … ‘and I am not just speaking of financial debt’. And I must say, when I got fed up with my wife’s mortgage and paid it off with one lump sum check payment, I went home and sat down in front my computer and I suddenly palpably experienced the weight of that mortgage just lift from my shoulders. And is somewhat took me quite by surprise. And yes, I realized that unconsciously people daily carry this weight daily, and become so accustomed to the weight of their enslaving obligation that they come not to even notice it. Many other people I have spoken with have had this experience of ‘lifting of weight’ once the house is paid off. So, thanks for the video. It was very interesting. And a prime point is that ‘debt’ is all encompassing, and again … not just financial.
I once suffered a severe disorientating trauma from having witnessed a suicide, of a young crazed women letting herself over the side of a building from the terrace of a penthouse apartment in Manhattan. And to this say, I can still hear the thud of was happened seconds later. After is was over, after the suicide squad had left, I was resting and trying to recover when all of a sudden my breathing got lighter and lighter … and suddenly I was up at the ceiling looking down at my resting body. I had a total consciousness. I knew what was going on. But it scared the crap out of me and in an instance I was back in my body. As a result, I tend to think time is a grand illusion but that there is eternal change. And so, in light of my own very, very small experience, it is far easier to grasp the reality of what the guy was saying than absent every having such an experience.
May God’s blessing be with you.
Gene Roddenberry - probably highly rewarded by his masters for propagating what they needed - via Capt. Kirk drummed into the pop psyche a deliberately(? = imo) misleading far look forward. IMHO consciousness, not space, is the final frontier. You have your hard won experience to weigh any veracity of that assertion.
Max Planck, the "father" of quantum mechanics, asserted nearly 100 years ago that consciousness precedes matter - paraphrased badly here but down to its bones that was the crux. Yet there are still materialists in the field who, again by design, or some of which is due to uninspired thinking, keep us inside the box designed by the controllers to keep us enslaved, on many levels as you thoroughly grasped from Farner's remarks.
There are those that assert that not only time, but that this reality is an illusion. Witness your own experience. Folks are feeling less constrained these days about talking about such experiences, a shift from even a decade or just over decade ago (and thousands of years prior) for fear of being labeled not in a good way.
< 𝘴𝘰𝘮𝘦𝘵𝘩𝘪𝘯𝘨 𝘣𝘪𝘨 𝘪𝘴 𝘨𝘰𝘪𝘯𝘨 𝘰𝘯 > Everything is energy, a fundamental observation/fact from quantum physics. The energy on the planet is shifting. Wish I could articulate better just how, but no. Only, when one observes the underbelly being exposed I have to lean toward an "upward" shift. Enlightened if you will. -? Inspired? I sense that not only is there momentum and the shift cannot be quashed by those who would control humanity entirely, clearly their intent, but also the hand of God/pure Love/the Source of everything that ever existed and ever will. How it will all play out I have no idea, but fall back on, God wins. I hope I'm around to see some of the good stuff. Statistically not all that much time left for me on the planet. We'll see.
Thank you for the thought-energy of placing God's blessing on me. I invoke the same for you and yours.
Consciousness preceding matter sort of gets my vote, not that it matters. And yes, I have given such matters some thought. As to all of this, it is a mystery far exceeding my human and rather modest ability to comprehend. And I do shun New Age confusions because it is entirely too easy to go over the edge and lose onself in a bottomless abyss.
I always remember that God gave to us his Commandments for the purpose of a moral ordering pleasing to God. And I remember that while in the moral coil we are to love what God loves and to hate God hates, and that regarding this that the fear of God is the beginning of Wisdom. Thus, while dwelling among Mankind, love is always conditioned by qualifications. Thus Man cannot love Man (his neighbor) by loving in Man what God hates. Thus, there is in this material world of flesh and blood no love which goes unshaped by God's Moral Institutes.