Not forgetting that all of you here (right?) have been acquiring silver for some time already...
And I did say 'acquiring' and not 'buying.'
Right?
Because you have been, right?
Well why are you worried about missing out on the presumed coming rises in the price of gold?
The future has already arrived.
There is a huge difference between making yourself feel good by buying some gold and locking that away nice and tight -, and actually making some real money.
I am the last person to deny the value of going to some rock-solid vendor and getting some gold every now and again.
But the 'value' in doing that is entirely personal and fictional.
There is no mechanism in the global monetary topography that would allow for the price of gold to be released towards its true currency value - not while Basel III and its after-effects are still shaping the economies everywhere.
We are at the exhaustion phase of Western Civilization.
And what this means is that every knowable risk premium is already priced-in prior to open market exposure.
Secondly, and in some ways even more critically important, is the fact that society has developed a dysfunctional mentality about enforcing official, usually government-sanctioned 'tickets' on recognized ownership of anything of perceived value.
This is why, for instance, virtually the whole community is nowadays 'powered by pills.' And not energized by life.
You require to have an official licence telling you that you are well.
Otherwise you just don't believe it.
The past is in a bottle...
You have to have some 'official' notification
telling you that you are rich, or else you won't believe that either.
And one of the main pressures in society that is there to convince that you are unwell, and not rich, and lacking in energy to do things - is of course the simple fact that governments and their economic systems are there to push you into doing more things than you really need to (be doing).
Time - your time - is given a premium and then sold back to you.
Yet this insane mindset itself turns everyone's (including the governments/'authorities' - whatever they are supposed to be and certainly hold themselves out to be) vision downwards to the immediate present and not very far into the future.
Way off into the future they all cannot see - lol - are things that will give you more money than you ever dreamed.
The single biggest reward multiple you can get is from investing in a personal account targeted towards the coming 'regenerative dentistry' revolution.
You will make uncounted millions there from mere pennies that you sock away now for that.
And do we here, while we're on it, yet have that 'cognac not to be opened for a hundred years?'
You know, that we are moving into the Digital Silver Dirham account?
The simple things in life - are not so simple as people think.
I dunno. Maybe.
We won't be making any 'official' statement until the interest rates go much much much higher than they are right now.
And will they do that?
I'm sure I cannot say. Because, since we are now oh so very 'regular' around here and pretty much mainstream of a Blog place, we certainly cannot talk at all about going into the future and all of that kind of science fiction nonsense!
Basel III was (still is -, and still is in full operation too) a set of international agreements between banks, ratified by governments through various legal (legalistic) means to supposedly mitigate risk within the international banking sector.
By 'international banking sector' the participants simply mean to do with the flows of money via global exchange processes, which are ultimately sovereign moneys ( belong to countries/nations). And by 'risk' they mean anything that stops a particular currency from finding a market at domestically and politically acceptable rates of exchange - as what happened when the Oil Crisis of the late 1970's took place.
It's traditional and it looks good. There is no point though, thinking to stuff it with paper notes - money - to take to some Swiss numbered deposit account. Those things are not only not possible any more, but they are a pointless exercise!
However by the time of Basel III, all previous pretense of actually having national currencies maintain authentic independent and objective 'hard value' was totally abandoned.
The creation of a completely new asset class - mortgage-backed securities (aka 'securitization of debt') - which was deemed literally to be a 'Tier 1' capital asset (which is utter BS in any realistic sense), meant that instead of standard traditional universally-accepted capital assets, an entirely new and in financial economics, completely fictional thing (MBS's) was being used to say that a national currency had a hard core liquidity underlying all of its paper out on issue.
As Gregory Mannarino just said earlier this week, there are no new trades happening in banks, no new inflows of cash, no meaningful or realistic earnings and way too much debt outstanding - aka the sector is bankrupt.
When we consider the idea of multiples of value, it is impossible to think that the fact that the Canadian government has recently issued more than eight times the amount of paper (un-backed currency notes) to GNP, unlocked from the faked capital values of bank stocks and MBS equity capital and any other of several similar financial nomenclature things - will see market realizable gains in prices of anything that you can invest in.
Instead you are bound to see catastrophic losses and falls sooner rather than later...
Unless, that is, the Basel Accords as they stand today, find some way of forcing Saudi Arabia or China to accept worthless Canadian bits of paper whether digital bits of something or actual paper/plastic slips of something designated as 'money.'
This is also ancient and traditional, even a bit rustic you would say - and you could have the experience of it; if you had a wooden floor to sleep on, and an eider quilt to throw into an empty room... Empty room of old wooden house = ten fifty hundred-ty million dollars! Who cares what counting is?!
When the Iran Revolution occurred back in 1978 and then the Oil Crisis quickly followed which saw Middle Eastern countries refuse to 'roll over' their US and other bond holdings on maturity, demanding these be met with real money such as gold - cataclysms happened with global markets and equity values and with whole national economies.
Today we stand on the precipice of the exact same phenomenon except this time, national currencies have not only no hard-core backing in the static sense, but they have debt to many many times what they could ever hope to claw in annually via revenues from net national outputs.
The real pricing of things which can be and are really sold, absent of the last forty years of falsified national currency accounts, always reflects the balance of true scarcity with actual demand.
In the place of that, for the last forty years at least, multiples of value have been witnessed mostly in asset classes where the Basel II and III credit creation 'dollars' have been intentionally flowed: mortgage-backed securities and hence, real estate and everything tied to that.
Is it too much to expect that when the re-adjustment takes place, these asset classes will also show their multiples going back down?
It is too much to ask for.
Governments will do anything and everything, and in this case it will necessarily be illegitimate things, to make absolutely sure the public who were led into believing this insane phenomenon of 'free money' and never-ending upswings in real estate 'values,' do not experience any hard reality setting in on them.
I am horrified even thinking what this extended insanity might turn out to be...
But armed with what was just said, it will be clear enough to you what things are happening when they happen from now on in. And for sure you can take a view about whether it is possible to gain any advantage from the new directions for growth multiples.
For me, I will be falling back on very old school concepts of limited supply things, and the inevitable pricing of those, in the face of real demand.
First of all, our thinking has to adjust to a completely new and different world.
Digital assets, software assets, and thus AI-related anything - are all commoditizable and in no way at all capable of being locked up into very limited supply scenarios.
AI-based real estate research programs, for instance, are operating right in the area of the highest multiplication of value on core worth as supported by governments and the mentality of Basel III - but they cannot be relied upon to reflect the downside multiple factor implicit in the coming economic and financial Doomsday environment simply because, as I said, they are not capable of being kept unique and/or limited in supply or in people's access to them. Besides which governments will not allow there to be a nominal Crash in the prices of real estate.
Of course there should be, but there won't be. Instead, we will have a two-money environment - one where fictional figures dominate all thinking, and worthless bits of 'official' paper are used to manufacture an apparently 'viable' marketplace consisting of vast sums of 'money' being 'traded,' and another where a very small range of very limited supply goods and maybe some services command multiples of value and for which very different kinds of money are used to pay for, and be paid for these things.
This is almost impossible for you to envisage prior to when it actually happens before your very eyes.
And this will all be even while governments pretend it is not happening.
...I suppose one really great big, no - the truly great big secret, is how to have utter and complete happiness, and have every material thing you want, while the rest of world goes quite mad, and governments ride off into the sunset with their politicians and bureaucrats and officials driveling on about 'rules-based' junk and jabbering with total nonsense-speak about silly things that literally do not even exist.
What exists is - and as I have talked about here before - the black flags of Khorasan, have gone up on the Al Reza Mosque; and that means the likelihood of a nuclear 'event' is er...
When I am being the ordinary 'layman-in-the-street,' so to speak, about global markets and money, I look at gold and think 'Oh wow, I just love it and how safe it feels to me, and how solid and how real and how, well, there.'
And then I ask our 'friends' because one of the readers here posed the question - to supply some perspectives on what is possible, when it comes to the price of gold.
So here's the issue: first we require a knowledge and understanding of the history of modern global banking, from the origin of the Bank For International Settlements in 1930 at the Hague Conference, to the first Basel Accord (Basel I) in 1988 and then through Basel's II and III - to date.
In the olden days, when Bahnhofstrasse, Zurich, actually had real private banks.
The BIS was started to organize the Treaty of Versailles payments to Allied Countries from the German Nation after WWI.
The incipient genesis of the Basel Accord was very probably the Oil Crisis of the 1970's. This crisis is written in standard mainstream history accounts as coming from the 1973 Yom-Kippur war, and then followed in 1979 by the Iran Revolution (although there were plenty of things to do with Iran and the Middle East leading up to that final signal event).
If you look back into those key events of global banking and money history, what you will see is that the only people who were intended to benefit from the initiatives (which were all ratified by the participant countries via actual banking laws), and the only people that did benefit - were national governments and absolutely no one else.
Arguably pre-1970's Oil Crisis automotive design had never been better and never was exceeded afterwards, and with the eventual destruction of the Bretton Woods Agreement and the abandoning of the gold standard by the Richard Nixon Administration, gold became the manipulated item of governments, and no more was the independent test for government and national (currency) solvency.
As the layman in the street, we love to look upon gold with a childish fondness.
But it is a static financial medium. It sits in bank vaults and does not physically flow anywhere; never has done.
And when there was real meat and potatoes in classic Paris restaurants.
Sales taxes are employed by governments to skim from circulation velocity - in order to gain revenue to fund government borrowings (debts). But the most rapacious appetite to take money from private sources is by way of land rates and capital taxes on property...
This is because for one thing people who buy real estate buy a capital sum (assumed to be priced-in over many decades), and consequently the through-going land rates are at the term capital value (assessed) and so the money to government is also pro rata of capital value not high volume commodity prices...
The price of gold, regardless that the gold is said to be an item of capital (a material thing that can be held over a long term without depreciating its relative economic value), is only the static 'first sale' (first taken as being a Markov Chain event), and not the presumed multiple of value that real estate and properties are all priced at.
Consequently, there is really no 'value' for governments in gold and the gold trade at large.
And so once the money system itself is merely a function of governments and agreements of governments (and not absolute in specie solvency or 'backing'), then those agreements are bound to favor those transaction classes which hand easy and continuous flow revenue back to governments - and disfavor all others.
The so-called 'cycle' of interest rates (which is really the cycle of money injected into the economy via debt), goes from the moment where lots of core multiple of value dollars are first injected, through to the stage where the taxation and land rates collection is exhausted on those injections and their secondary circulation (properties reach an impossible and unsustainable pricing level and there is not sufficient base currency - M1 - to allow for any more purchasing at those price levels).
Believe me, I have been deliberately not posting pics of super-cool stuff - because I want people here to save their cash and not go silly buying super-cool stuff. If people told me, no no, we can be trusted not to go stupid, and we have stax of cash anyway - well, then I would post pics of stuff you would be simply amazed by.
And then, the cycle is renewed by massive new money supply through the injection of new credit in wholesale (bulk credit) which happens when government bonds are issued at a huge discount thereby creating the future or maturity projected value upon which credit is created in the meantime.
The Basel Accords together with the Bank For International Settlements processes are there to look at when the international flows of internationally accepted money hit any red lines for liquidity - not at whether or not paper money is safe or genuinely backed or any such thing!
And the gold is still sitting in your bank vault. It is not flowing anywhere.
So even if huge geopolitical crises hit, it is not the price of gold that will react with any multiple of value being obtained.
If the oil and general energy prices really do go up appreciably (more so than they already have been) from here, it is in the property and real estate markets and in consumer price inflation where the multiples will hit home. Because that is where the flows are.
Of course you can buy gold because it seems to have some stable pricing compared with say, computers and micro-chips, or sugar or newspapers.
Also it doesn't deteriorate like butter and milk do.
It doesn't deteriorate but to be very frank it can be made to 'disappear' from the eyes, and evaporate from the hands, of government and their tax-collectors - whereas land and properties do not disappear and can easily be captured into the revenue vacuums of government.
The Pavilion Restaurant in Zurich. Where all the politicians and banksters go. Beautiful place. Food is um, um... Expensive.
When the Swiss really were safe and solid bankers, it was in the first place because of the William Tell aspect of the private person finding the strength and the means to take the hands of government off their necks and off their purses.
Be fully assured of this - at the next juncture when governments need to find ways to fund their limitless expenditures (and that will be during this quarter and well prior to Christmas), for absolutely sure and certain they will do it by inflaming a fantasy that the public all-too-readily will swallow, about land and real estate and properties.
And not about gold.
Meanwhile a lot of people will be bound to lose their shirts in the property markets that were the result of the last currency cycle credit expansion. There can be no further credit expansion of that cycle: that cycle was commenced back when Basel II was abandoned so that countries did not need to have any actual hard-currency backing at all, with the immediate result of new (and more-or-less fake) 'free money' (ludicrously low interest rates) being issued and artificially driven into real estate and those holders are now all exhausted and have no more money to buy anything or pay for anything or even fund their land rates and capital gains taxes. The 'money' has all been spent (used up). Petrol prices are up and interest rates are up and everyone is over-extended anyway. In other words the economies are all broke.
There endeth the lesson for today. But over the coming epistles (lol) we shall deal with where the ludicrous multiples will occur, again - be they 'up,' or, as is quite necessary also, 'down.'
So, the 'Rule of 72' is simply the calculation you use to find out how many years it will take to double your investment given the Nominal Return you had/have.
You take the number '72' and divide it by the Return number.
Gold went up say, 5% from its average during last week to late Friday night in a fairly sudden if, frankly, belated reaction to the Israel/Gaza situation.
It will take you 14.4 years if you keep doing that every year from now on (succeed in gaining that return).
Free to read, here: https://www.inkitt.com/stories/scifi/1131199
The problem is not the rate of return you got late last week, the problems - and there are at least three of them - consist of the opportunity cost factor together with the lack of interest returns on gold holdings, and the uncertainty ('infinity' risk) of forward price speculating.
The outright fact is, it is the benchmark Bond Rate which is determining all other investment considerations at the present time. Thus, the Risk-Free rate of return is already more or less 5% and that is a guaranteed 'locked in' return; it is not speculating for a return. So, back to around 14 years but at least that is set in stone - or as set in the financial granite of economics as is possible under our current regime of economics and banking.
Still not enough for me though.
I want to double my cash in a much shorter time.
These things are some of the elements of aesthetics in design. They are static items. When they become dynamic, they are...
The 'hot zone' for an increase (again) in the Bond Rate is from now till New Year, when no one in the mug public (and hence the media) is looking or sufficiently caring.
It is still an act of speculation, to assume that for sure the interest rates will be once more re-set upwards over the next three months.
But at least superficially, whereas my 'friends' tell me that gold is no certain bet in any meaningful way (means cannot go 'gap up' or enough up to give someone with a moderate amount of capital a worthwhile 'comparative rational investor risk' lift) - it is nonetheless clearly obvious that prior to the next round of interest rate Fed moves, gold is not a bad place to be, if one goes by the standard folklore about gold and wars.
Yet, if you are given the information that allows a person to penetrate through why and how the Fed is able to suppress the gold price at all, and over such a long period already, it becomes more than clear what the true dynamics are in current markets and in the price of money and costs of capital.
Which leads me back to a theme that few will credit and most will observe is merely a way of me being ironic:
Am I personally in touch with actual real-life, physical material ET Aliens...?
Oh yes. Absolutely.
'To go where there are temples, in which the gods really dwell, and see them as they really are.' 'For the Kingdom of God is like a child...'
But I underscore this aspect now, once again, and will continue to do so going forward - it is just not a matter critically to do with 'process' at all. If it had to do only with process alone, then anyone and everyone would be in contact with advanced super species.
Hamas would, Bibi would, VV would; everyone who could follow a process would.
And humans are not stupid. Well they are stupid but not so stupid that they are unable to follow a fundamental set of process steps.
To cut a very long story very very short, the 'secret' - if such a thing can even be termed a 'secret' - is contained in one of the versions of the Enoch accounts. ...It has to do with the golden-colored, self-illumined oil or something, that a being who was described as 'frigid to touch' anointed Enoch with, following which he was then able to see the main Being on the Throne whose light would have burned him up otherwise. Around the Throne, were a large number of other beings in glowing white robes, with light coming from them as well, continuously singing and making music and also four 'living creatures with eyes in all directions.' Bad translation, wrong concept being given, but I am simply re-stating what words you will find, supposedly as accurately translated from the original text.
The Universe is a huge big place with lots and lots of things in it.
There are definitely quite malign Draco Reptilians in existence around the place.
Slight correction - the Universe is a place with everything in it. Everything you could imagine, is in it, somewhere.
And that's the point.
I am hoping that I am writing all of this for people who are looking for satisfaction in their lives.
People who are not going to rest before they attain their hugest fundamental internal goals. People who are not going to be satisfied with being shoved off to one side intellectually or any other way, if they posit a stupendous, almost outlandish, aka 'out there' goal.
I am here to tell you that is the only goal worth going for.
What's the point having a Destination Wine if you don't accept the reality of the destination that your internal being is continuously calling for?
This is an idea of symmetry in design, but it is very complex symmetry. But it is symmetry.
The reason most people don't get to that reality is because they have compromised on the elements of the goal. This is why you get subterfuge from politicians, deceit from bankers, relying on the past from religious preachers and dictators of religious ideologies - none of them can show you the 'ultimate ideal goals' in the present.
But they want the power and the glory.
If you deny the internal psychological desire that you have, to reach these seemingly strange peculiar goals (by ordinary common human world standards) then you are deliberately lying to yourself.
And people do that. And they do it with ease. And at the end of their lives - they also die. And they will have realized nothing at all.
And that's it.
Oh yeah I know the counter position that people say about 'all the more cherishing what they had.' LOL
I recently mentioned that there is an ancient Greek written verbal text (not a stone monument) describing the double-helix DNA structure - to some private finance chat board people. And not one of them said 'Hey, how come these guys back then were able to describe such a thing at all?!'
What I got was twenty-five different statements about all kinds of things, none of which mentioned what I just said. They just all sailed right over the top of it.
So I don't actually expect people to realize the whole point of what is being said in here, in these pages.
I'm just doing it because I am having fun.
Idiots talk (as if they even know what it is) about 'evidence' all the time. When confronted with it though, they would kill women and children to get away with their own lies and to make a citadel for their own preexisting intellectual position.
Part of the lyrics are: 'Sat watching the screen. Will hope return?' LOL
Be careful of the volume at the start. Lyrics not till around half way.
Ostensibly, if you go by the Wiki, the 'Draco Reptilian Conspiracy Theory' is a product of David Icke who got it largely from Maurice Doreal who got it from the creator of 'Conan,' Robert E. Howard.
But what you're really talking about is a highly intelligent, highly manipulative, non-human, reptilian species that installs itself into the Earth story with seriously deleterious effects upon humans. And that is not a recent 'story' by any means.
On the one hand it looks like a fictional story because we obviously cannot find one of these beings anywhere and interview it for real and take pictures of it and so on.
Stepping into some magical shoes... Human females understand the meaning.
On the other hand it is hard to account for how and why many humans squander their own and other humans' lives on the strength of an equally fantastical theory - namely that one being that there is a heaven somewhere (that you also cannot find and see right now) and that some Divine Being is issuing orders to humans to go kill a bunch of other humans...
What this amounts to in the end, is whether all humans existentially regard others as actually human like themselves or not and clearly, they do not. Which means that the 'Draco Reptilian' theory is fact not fiction or a theory. It's just that the phrase is being used to describe another species, we don't necessarily know what that species is.
In the hands of the 2 billion self-identifying Muslims on the planet the Draco Reptilians are the Jews; and in the hands of the 18 million self-identifying Jews on the planet the Draco Reptilians are the Muslims and the Arabs.
And neither of them can see the existentially very clear hand in the middle, manipulating both of them.
See the problem with humans is essentially this:
Noah never took any books into his Ark. He took animals. ...So the story goes. And the story itself is a complete fabrication of the detail though not a fabrication of the moral.
Ibn al-Nadim compiled his 'catalogue of books' around 950 AD.
The 'library' of all DNA rubrics on planet Earth does not require someone to preserve it - any of it or all of it - in some boat designed to survive a deliberate 'flood against all materially living creatures and organisms.' It's the 'deliberate flood to destroy all,' that is the silly thing. That is a ham-fisted way to achieve that sort of desired end.
Mankind, the civilized form of it, the 'society of human beings' form of it, conversely absolutely does require the preservation of human social, cultural, and technical knowledge and wisdom against a force which seeks to wipe all of that out.
Because there absolutely is such a force.
We live - and in our living we do: we act, we do things, make things, grow things, construct formulations of different things together to make other discrete new things.
It's this dynamic unfolding nature of what humans as a social grouping do, over many years and countless generations, that is the characteristic of living human beings as the intelligent life form that they are.
Consequently - though merely for the sake of the extension today of the metaphor - let us just accept that there kind of is some truth in an ancient mythical legend about some character 'Noah,' who somehow saved the world from a great deluge that would have wiped all living creatures out, had he not have taken a few examples of them all and stuck them inside his Ark...
...Consequently -, that is to say, as the consequence of the on-going destruction of the millennia-old human social and cultural and intellectual knowledge base, it is the absolute and urgent crisis necessity today for someone or in fact many people with their fully-functioning brains still intact, to take and store books.
Alpine Renault.
Not just any books, but important ones, but then, it is moot that sufficient people today know what constitutes 'great books.'
Without understanding mathematics as it must be applied to all human dimensions, we cannot comprehend the dynamics behind human life on this planet.
Imagine though, that you were seeing some great work of design and aesthetics in the form of say -, a sports car like the one in the pic.
And then imagine someone coming along and 'keying' it all the way along the sides and then smashing some of the panels with heavy objects and cracking the windows and so forth, because of sheer jealousy and rage.
Every intelligent form competes to manifest reflections of the Eternal Mathematics. Mostly they don't try to supplant those existential template Forms with made up ones and thereby imply they are 'god!'
But let me put it in a better and a more appropriate and accurate way - every existential living (and also dying) intelligent being can reflect the Eternal Forms in manifested ways in the material reality. If the human race were to go on say, another five thousand years, it could get very close to mimicking, being able to mimic, ever greater and greater iterations of the Eternal Forms in manifested reality, and construct them into tools and techniques and things that would seem god-like: it could develop anti-gravity, perfect cloning (and so the imitation of 'eternal life'), super-fast space travel, virtually free energy, quick physical somatic healing... All kinds of seemingly quite amazing things.
But then still humans would not actually be 'God' as such. They would be a lot like some idea of a type of god...
However we have forgotten that it might be... ...that there already are such advanced beings in the Cosmos out there.
And of them all, some of them would have 'gone off the moral rails' so to speak and become an imitation of 'god' through technology and advancements and material scientific knowledge (and then but also definitely consider themselves 'God' too with a capital 'G').
Thus, are there Draco Reptilians after all?
This is a very interesting question in a 'Cosmic metaphysics' sense.
The sentience moral equation of it all, is this: you are not entitled to look at the car in the pic, and then vandalize it and next obliterate it and produce a far lesser car and try to convince the simple-minded that this then is the idea of absolute ultimate aesthetics (in this example, as in 'car design') and set yourself up as the prime agent of 'what is perfect.'
You are entitled to look at the car or type of car (exemplified by the one in the pic), and learn from what you see (that is, from what your total mind perceives via the senses).
The existential reality of beauty is an absolute objective evident fact. It is also an 'Eternal Absolute' and not a relative 'fact' or matter.
You cannot vandalize this 'Eternal,' and next (try to) completely destroy it in order to supplant it with a false construct of your own making - and yet remain a moral being.
...As far as the gold price is concerned, markets in the West took far too long to react to world events. The China market was responding long before anyone in the West with a ton of money was prepared to. And that is because the big players in the West don't care about it - that is, they are not interested in actual 'price discovery.' They have the game tapped. Right? Their arrogance (still) reigns supreme.
But I am not playing the game and I suggest that neither should you. Not with any real money.
The question I put to myself every day, is not whether I can get in an 'Ark' and survive the coming deluge (or lightning bolts or whatever) - it is how can I enable a continuation of something like the same kinds of personal comforts and lifestyle which modern technology has allowed us all to wallow in, once the reality of today's situation sets in, in the minds of the rest of the population and its governments...
And if indeed there are such real material things as 'Draco Reptilians' (or any kind of Reptilian Alien beings for that matter), then surely it would not be altogether impossible entirely, to not be able to discover them somewhere. That is, somewhere here on the planet, masquerading as human beings.
That you can find people influenced by the mindset is easy. The standard psychology of it is to attribute these things to underlying deep atavistic though still essentially human, psychology.
That's not exciting enough for me. I think there are actual real, physical 'Reptilian Aliens.'
And I think human beings are very stupid to discount that.
Those of us who are together, and are happy to say we are essentially the same kind of intelligent being -, are together. And there are most certainly others who are very far apart from us where we are.
