Debt Rattle February 17 2025
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So here is a thought experiment. Suppose DOGE audits the Fort Know reserve. There are three possible outcomes. What happens in each outcome?
(1) The gold is there: How does the world react? I suppose everyone shrugs and forgets that the audit ever happened.
(2) Some of the gold is missing: The reaction might be to replace the missing reserves by printing money to buy gold in an already tight market. This could lead to a major gold revaluation and a seismic shift, depending on how much gold went missing and unaccounted for.
(3) All of the gold is missing: If all the gold is missing, and this is revealed all at once, this almost certainly results in a run on all the bullion banks. This leads to a bank holiday and an immediate revaluation of gold 50x higher in purchasing power terms once the gold market reopens. The dollar probably continues to be the global transactional currency for the time being, but at a greatly devalued rate following a treasury market collapse. The hole would probably be too large for the US to replace all the gold by simply printing money to fund new purchases. The US government would probably seize all foreign government gold in its possession — vassals be damned. Chaos would ensue for six months, and on the other side, China would emerge as the new global superpower.With these possibilities on the table, if you are Trump, do you authorize DOGE to audit Fort Knox?
mr musk took pentagram monies all throughout the biden administration.
those are not clean hands.
“The Elon Musk-led company entered into a $1.8 billion classified contract with the U.S. government in 2021, according to company documents viewed by The Wall Street Journal. ““Avaunt! and quit my sight! let the earth hide thee!
Thy bones are marrowless, thy blood is cold;
Thou hast no speculation in those eyes
Which thou dost glare with!”Boogaloo:
Fort Knox:
Risk wise, you can not risk an audit.
Just to be sure, you double the number of guards!As previously noted, I had a boating accident, while transporting all the gold from Fort Knox.
Unfortunately, I didn’t have time to test drill all the gold coated tungsten bars, before they went overboard!tdk:
It isn’t a useless rock!
Because it is heavy, I have been using it for years, to hold my front door open!Unwelcome House Guest :
We have been living with an unwanted guest, a red squirel, in our house for the last few months.
He tried to moved in in the fall but my daughter bought a live trap and caught him, but foolishly released him in our backyard.
Needless to say, he promptly moved right back in!
He has mostly been living in the furance/laundryroom in the basement.6The other night, however, he knocked over a bag of milk chocolate chips left out in the kitchen, and stuffed himself with them!
My daughter is of course worried that we might have accidently killed the squirrel!
Chocolates are bad for animals, right?Well, I then looked up on the minternet “is eating chocolates bad for squirrels?”
Initial headlines were, yes indeed, chocolates are very bad for squirrels!Then I started to read some of the comments!
Milk chocolate is the best type of chocolate to feed squirrels!
Squirrels can consume up to half their body weight in chocolate in one sitting!
Chocolate helps squirrels reduce their blood pressure and stress levels!
It also provides vitamin B and helps their memory (yeah, I must not forget that I love chocolate)!
One commenter said, he has been feeding chocolate everyday to a squirrel, for over 3 months, and it looks perfectly healthy to him!Bloody hell, it turns out we are providing free health care plus free room and board, for this unwelcome squirrel !!
Verdict: Since he is not paying any rent, and pooping everywhere, he has got to go!
I have phoned ICE on him!I hope you all have the opportunity to watch the Ritter interview.
Very positive thoughts
Possibly US getting along with Russia, Iran, China and India
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