₿oogaloo
Forum Replies Created
-
Posts
-
I fully expect that the Neocons are planning a major false flag. Trump says that the US will only enter the war if Iran attacks US targets? In that case, the bastard lying devil-worshipping treasonous Neocons will need to make it look like Iran has attacked US targets.
Instead of “Persian Gulf” or “Arabian Gulf” let’s just cut to the chase and name it the “Gulf of Greater Israel”.
Beware the snake oil salesmen pushing silver. They tell you that silver should outperform gold in a bull market. But gold has outperformed silver over the last 10 years (160% vs 106%). They also tell you that gold miners should outperform gold in a bull market — but miners have gone nowhere (maybe because so many of them are hedged?)
Forget the gold:silver ratio. That only made sense when both were regarded as monetary metals. Now gold is the only monetary metal. Silver has been mostly demonetized. Central banks hold gold on their balance sheets, but not silver. Since the end of bimetalism the ratio has gotten larger and larger. Now that silver is decoming more and more demonetized, it should continue to get larger and larger.
As far as the earth crust ratio — this does not matter if people strongly prefer gold over silver (as they should). You should also consider cost of production. These days silver usually isn’t mined for its own sake. Rather, it is a byproduct of mining for other metals. Silver is the waste product that nobody really wants, but does not want to throw away either because it is still worth something.
Finally, if you think that the silver market is manipulated, why would you ever buy it? You are betting against JP Morgan, who you know is backstopped by the FED, which is in turn backstopped by a printing press? They can continue the manipulation forever.
Gold has gradually demonetized silver over the last 70 years, and on a relative basis Bitcoin will gradually demonetize gold over the next 70 years.
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?
We are not that far apart. I was a gold bug before I became a bitcoin enthusiast, and I have no plans to ever sell my gold. I never had a conversion experience to bitcoiin. Rather, at some point I decided that I would stop buying more gold and put all further “hard money” savings into bitcoin. No regrets about keeping the gold, and no regrets about adding the bitcoin!
That argument was once valid, but the economics have changed. As the bitcoin mining economics have evolved, the only way to profitably mine bitcoin nowadays is to pay pennies for electricty that has already been generated and would otherwise go to waste. Yes, the bitcoin network consumes massive amounts of energy, but it is a scavenger. It’s no skin off anyone’s back to use that energy for mining rather than let it go to waste.
As for the physical/corporeal feature of gold and silver, this is a sword that cuts both ways. Is the physical nature of gold a blessing or a curse? There are several reasons it might be considered a curse: What happens when you try to cross a border with your gold? Good luck with that. I hope your run into customs officers who are both honest and competent. In my own personal experience, when I tried to cross a border with gold, and declared it, it turned out that customs officers weren’t sure about the law. Even though I had a printout that said “no customs tax” they spent an hour on the computer before they came back and said “no customs tax, but you have to pay 10% VAT tax.” That was on the individual level. On the national level, the physical nature of gold means a hostile army can show up at your central bank — which has happened repeatedly over the years. Bitcoin is much harder to seize, and therefore discourages war, because it is harder to grab the spoils. Storing wealth in the form of a dense metal means that your wealth is that much easier to steal.
Having said all that, I do not think the question is whether to choose bitcoin or gold, as though you need to choose one or the other. It probably makes sense to have some allocation to both. After all, there is a decent chance that there could be a coordinated international currency revaluation in the not too distant future. And if that happens, the revaluation will be based on gold, not bitcoin, because central banks already widely hold gold, and gold is the reboot fulcrum of choice for TPTB!
@ D Benton
Those are good points, but it is important to keep in mind that the Bitcoin network is decentralized. That means that the network keeps running even if things are not running smoothly in any particular part of the world. As long as the internet is up and running somewhere, the Bitcoin network survives. Even if power is out for months and you cannot access your coins wherever you are, the network remains secure, and you will have access again if you can get to a place with internet access. Even in the event of a limited nuclear war, the network survives (unless there is a nuclear winter that kills everyone, in which case the monetary system doesn’t really matter anymore). Even if solar flares destroy most of the electronics on earth, there is enough of the bitcoin network that operates underground that the network will survive. That does not guarantee that bitcoin will retain all its value, but the main point is that decentralization is the key to its resilience. This is not magic money sitting on a handful of servers that can easily be taken out. This is the most secure and computer system in the world, distributed globally and running on tens of thousands of nodes.
Not risk free. Nothing is risk free. But the market has a way of sniffing out vulnerabilities, and the market is saying that this is one of the top ten most valuable assets in the world.
@Red
Ah yes and bitcoin is backed by????? I forget!Energy. Bitcoin mining is what secures the most powerful and secure computer network in the world. You must expend energy to acquire Bitcoin. That’s probably not the answer you were expecting, but that is a very real link to the physics of the material world.
Good to see that our resident art lover and commentator, V Arnold, is alive and well and thriving. I share his view that the decision to leave the USA was one of the best I have ever made. I would probably be arrested, or dead, or batshit crazy by now if I stayed. Korea seemed like a good choice for many years, and there are still a lot of great things about this country, but now I am looking for a warmer place to spend the winters. Maybe I will join you down in Thailand, V Arnold. Where in Thailand are you? Where would you recommend?
What an amazing painting. I occasionally click the painting to find out more, and I was surprised to read that this is “the oldest very famous panel painting to have been executed in oils rather than in tempera.” Fascinating. Thanks Ilargi!
Unfortunately there is a risk that this site will be shut down if the censorship party wins the next election. It won’t just be centralized platforms like X and Facebook. Any site reposting from RT or any disfavored sources will be targeted. And any site that has a .com domain can be targeted. That is why Strategic Culture is now forced to publish from the .su domain — it’s one that the West cannot control.
All this means that TAE may be forced to a different platform, a censorship-resistant platform that uses a protocol like nostr.
How can you overlook the obvious?
1HYLLUR2JFs24X1zTS4XbNJidGo2XNHiTTI closed my Paypal account and I will never go back. Patreon is a scam that overcharges and promotes paywalls. Both of these are vulnerable to censorship. So is your checking account, as the Canadian truckers learned.
Experience tells me underwear can stop a wet fart — at least partially.
Yes, Ilargi, she can win. She will almost certainly win the popular vote.
When she was first identified as the replacement nominee, someone here warned that we should expect a massive propaganda campaign. Yes indeed. I happened to be in the US at the time, and I saw some of the corporate media. It was shocking how in step they all were, delivering the same message. Someone also warned that the propaganda campaign does not actually need to convince people to vote for her. It only has to convince people that she is a credible candidate — enough to give the Democrats enough cover to steal the election. Yes indeed. Now that the narrative is that she is expected to win, she will. There are enough cheaters and enough flaws in our voting process to ensure that.
Great to see a Bitcoin headline on TAE. I could hardly believe my eyes.
I agree that it would be healthy to get back to economics. Remember why the debt rattles started to be called debt rattles? Bitcoiners can immediately grasp this.
I have been away from TAE for a long time, but upon hearing the news, I flet that I had to come back to share my joy. I never thought this day would come. I thought for sure they would kill him in prison. Now I hope he grows again in stature and influence.
I don’t know if I can believe those Californians all selecting $20 or $10 over a Canadian Maple Leaf. Are people really that stupid? Are those actors?
I realize that most people do not follow financial markets, and do not follow the price of gold, or Bitcoin, or the Nasdaq. But surely the average person on the street knows that an ounce of gold is worth more than $10? I am speechless.
I wish the followup question had been “How many shots of the Covid-19 vaccine have you received?”
There is obviously a big difference between Zionism and anti-semitism. And yet many would say that if you oppose Zionism, that makes you an anti-semite. That is obviously nonsense, but that’s what the propagandists would have you believe. But now the tide has shifted, and more and more people are rejecting Zionism. So the real risk is that this results in an eruption of anti-semitism around the world. The tragedy is that it will be harder to stop because the Zionist propagandists have successfully blurred the distinction between these two concepts in the minds of too many people. They have created a monster they will not be able to control.
Spam blocker has blocked me from posting several times. Supposedly request were sent to the administrator, but nothing changed — same result every time. Am I still blocked? This is a test.
While I appreciate the effort, the truth is that these two lists can never bring to life the two competing cosmologies. It id necessary to animate these two perspectives. The best I have ever seen is through the characters Ivan and Alyosha in the Brothers Karamazov (or perhaps to compare Ivan and Zossima). Ivan gives an unanswerable atheist critique. Yet Alyosha and Zossima both answer it in a way that Ivan would never be able to comprehend. All pure genius from Dostoevsky.
From what I can find in the literature, the adenoviral vector vaccines also travel throughout the body. But they are designed to do so. In particular, the recombinant adenovirus type 5 is the type that is typically used for vaccines, and was in fact in the SARS-Cov2 vaccines (as well as many predecessor vaccines). But the adenoviral vector targets primarily liver cells, and may also target immune cells and cells in the lymphatic system. So, of course, to get to all of those target cells, it cannot stay in the deltoid muscle where it is injected. It needs to move.
So I wonder why anyone ever believed that the mRNA innoculations should stay in the deltoid muscle? Because they would be taken up immediately? Perhaps that was a hypothesis. But there is no reason to expect that to be the case.
As for the fibrous clots, I could not find anything suggesting that these come from the lipid nanoparticle. The only writeups I could find suggest that they are the result of spike protein — which means that they should be evenly represented in mRNA and adenoviral vector patients (assuming the innocuations produce similar amounts of spike protein and there is not another co-factor somehow related to the mRNA shots). Here are two sources that explain the mechanism (though they are both more than 6 months old):
https://www.sott.net/article/474668-What-is-causing-the-blood-clots-from-Died-Suddenly
https://jaimejessop.substack.com/p/sars-cov-2-spike-protein-causes-novel-infammatory-blood-clotting@ DBS and Kultsummer
Marx has been so badly twisted and misrepresented in the West that most criticisms are based on propaganda and strawman arguments. Half of what he wrote concerns diagnosis. The other half concerns his prescription. There were many who shared his view of the diagnosis but disagreed with his prescription. For a good, balanced, non-ideologically slanted, and historically accurate summary of who he was and what he wrote, I suggest Mike Duncan’s Revolutions podcast on the Russian Revolution (Season 10, Episodes 1-10). Good stuff.
@ Dr D, Germ & John Day
Thanks for the replies yesterday.
Dr D, your message suggested that the lipid nanoparticle is somehow responsible for the six inch fibrous rubbery clots. Does that mean that the strange clots have not been found in people who received the adenoviral vector innocuations? I would have expected the spike protein to be behind the clots. But maybe not?
Germ, I am aware of the problem of the mRNA traveling from the injection site. But I have heard little or nothing about the adeno-viral vector innoculations traveling from the injection site. Do they travel too? Or maybe it doesn’t matter as much of they target a particular type of cell (whereas the mRNA is more indiscriminate)?
Germ, your comment about quality control also raises questions. OK, I see that quality control was crap and that some batches caused more problems than others. But that suggests that at least part of this is an execution problem, and maybe not entirely a design problem. Does that make a difference at this point? Not for the people who got the injections. But expect that the QC will be blamed going forward to try to limit the loss of credibility.
A question for anyone who knows, but especially for Germ:
We see a lot of articles about the problems with the “mRNA” innoculations. We see others that focus on the spike protein. To my eyes there is a disconnect here. Is the problem with mRNA delivery platform? Or the spike protein? Is it both? If a combination of both, which is the primary factor? The platform or the payload? This seems to be a critical question. Is anyone looking at this? Do the studies differentiate?
Because most of the innoculations in the US were on the mRNA platform, the criticisms of innoculations in US literature tend to focus on the platform — perhaps misleadingly. If the really bad life expectancy data is the same in countries that used the mRNA platform and the adenoviral vector platform — if the “died suddenly” phenomenon is the same regardless of platform, then the problem seems to be a spike protein issue.
And what about the platforms that did not use spike protein at all, sich as Sinovac? Same issues?
I really want to know the truth, but I have lost my appetite for stories criticizing the “mRNA” vaccines without making these important distinctions.
@Germ Try Jarrow’s Zinc Balance: It combines 15mg zinc with 1 mg copper.
I take daily:
Dessicated Beef liver (capsule form)
Zinc Balance
D3 (5000 IU )
Omega 3
Coenzyme Q-10 (with B-6 added)
Nattokinase
Magnesium Citrate (200mg)Plus at least a liter of sugar free electrolyte mix, either:
Ultima (magnesium citrate)
Dr Berg’s (potassium citrate)And twice a week:
K2
NAC
Quercetin + Lecithin (for absorbtion)Edited to add to the daily mix: Seed probiotics
Those who seek the answer in material science are destined to wind up in the neighborhood of where we are now: materially capable of video-taping the nuking of a planet from space by AI robots, and spiritually unable to stop themselves from doing it or even understanding how they got into such an untenable spot in the first place.
Well said!
As for me, the greatest modern teacher on spirituality was not Gandhi, but Dostoevsky, and particularly in that great masterpiece of a novel, The Brothers Karamazov.
It starts with the atheist Ivan’s takedown of Christianity in the chapter The Grand Inquisitor, where Ivan presents an unanswerable argument to his younger brother, the devout Alyosha. At the end of Ivan’s monologue (or poem), Alyosha has no rebuttal. All he can do is kiss his brother on the forehead. Ivan gives the best argument for the atheist position that I have ever heard.
But then Dostoevsky presents another view in The Russian Monk, the “book within the book” where Alyosha’s spiritual teacher, Zosima, tells his life story while he is on his death bed. And this is not an argument, but it is Dostoevsky’s counter to Ivan’s position. And speaking through Zosima, I think Dostoevsky gives the best argument against the atheist position that I have ever heard. It is authentic spirituality.
I haven’t read the book in 25 years, but I feel like I read it yesterday.
My credit union (non-profit), sent out an e-mailing assuring us members they are safe and sound. I quit using banks more than 30 years ago… Banks are a rigged game…
Colleagues were knocking on my door and sending me text messages yesterday to ask how I was betting on how the Fed would deal with the new crisis, and what I expected might happen. They know I am a Bitcoiner. I could only shrug my shoulders and say: “I dunno. Maybe nothing will happen.” I did not share their curious fervor. Fifteen years ago I was in their shoes. I had no gold, and Bitcoin had not been invented yet. It seemed like the whole financial system could fall apart back then. But it never did. I got some gold back then (which I still have), and I was hoping that the old system would collapse, and that everything would be revalued against gold when the system recapitalized.
Now I just don’t care about timing. You have to live you life. I keep most of my wealth outside of the banking system. I sleep well at night, and I feel that everything will be fine if the financial system collapses. The system will recapitalize, there will be winners and losers, and life will go on. Gold, or Bitcoin, or both, will do well in the new system. And they will probably do just fine even before we get to the new system.
₿est wishes to all.
when will xenophobic criticism of China/Chinese be declared off limits
It’s pretty clear that there will be a tidal wave of anti-Asian racism in coming years as the US continues to demonize China. As the US continues to sink, the elites will use this to get people to turn on each other.
It is a bad idea for any ethnic group to have extreme over-representation or under-representation in government. It is downright dangerous in times when the SHTF. In Southeast Asia there are substantial ethnic Chinese populations in many countries. In these countries the Chinese dominate the economy, but they are not as dominant in government. This seems to work well in Indonesia and Malaysia. In Singapore, the Chinese are the majority, but they make sure to make room in government for the sizable Indian and Malay populations. The point is to make sure that everyone is represented, and that no group is dramatically over-represented.
Germ (and others who have been following this):
Most of what we are hearing about all these sudden deaths seems to be linked to the mRNA vaccines. Not so much attention paid to the adenoviral vector vaccines or the protein subunit vaccine (Novovax). Is that because most of the attention about sudden death has come in the US, and the mRNA vaccines were predominant?
Do you think the issue is the mRNA platform? Or spike protein? Or the fact that it is hard to know from the mRNA and adenoviral vector how much spike protein is produced? I wonder how many sudden deaths occur for those who received the adenoviral vector vaccines . . .
Russia has its hands full fighting backward, second-world at best, corrupt Ukraine, and it is supposed to be able to take on all NATO member states, disabling all their defenses, economic infrastructure and military installations in the blink of an eye, when it never managed to take Kiev located 200 miles from its border?
Not sure about that. When the war started, most pundits in the West thought it would be over in 30 days and Putin would be gone. The Ruble would be reduced to rubble they said. The Russian economy would be crushed. Well that did not play out as expected.
The other story that came out from the West was that the real aim was regime change, and the strategy was to pull Russia into a long drawn out quagmire. It seems that Russia’s countermeasure was to minimize casualties, even at the expense of giving up territory. Russia may be willing to play a long game — as long as Ukraine is bleeding more than Russia.
Perhaps Russia could have taken Kiev if it had made a more determined effort. Or perhaps they saw that as a trap — one that would be quite costly, and which might cause public support to dry up. Or perhaps once the Ruble and the economy stabilized, they did not believe that they were under pressure to take Kiev anytime soon.
If Russia is expanding trade, and the Ruble is holding strong, and Russia can expand its weapons production, and Russia is not losing men . . . then maybe this situation can last a lot longer than either side expected last March. Which side does it favor?
₿est wishes to all in 2023. May the light penetrate the darkness. May the corrupt, sanctimonious, arrogant Hegemon be humbled (but without destroying all life on the planet).
₿etter days are coming — we have to remain hopeful.
Well, … if wish to talk to someone in the U.S. about sea level raise,
Best policy in the US would be to say no post-disaster FEMA rebuilding in any coastal flood zones. Next storm to destroy it, it’s gone. No more federal help to rebuild. Private flood insurance only. All public funds to be dedicated to building infrastructure on higher ground.
A good essay today, Ilargi, but so difficult navigating in a sea of bad actors.
We saw a history of scientific research purporting to show that there was no link between cigarette smoke and cancer. That research led to a paralysis of policy because it purported to show that the data was inconclusive.
We now see industry-funded scientific research showing the glyphosate is perfectly safe. Do you believe it for a minute?
We see industry funded research showing that pesticides are safe. Meanwhile, the bugs are dying (except those earmarked for human consumption). Do you believe it?
On the climate science, I see bad actors on both sides. It is obviously unhealthy to be in an environment where honest inquiry is shackled by the bonds of Groupthink. But sometimes I wonder whether the objections are just a pretext to rerun the “inconclusive evidence” playbook all over again — we are going to keep doing what we are doing until the evidence is conclusive, and we are going to make sure the evidence is never conclusive. I have seen that happen over and over again.
I am powerless , Dr.D is powerless Raul is powerless , none of us as individuals or as groups can change a fuckin thing. All the words written here are just dust in the wind!
Nonsense. As Chris Hedges says, hope must be invested in acts of resistance and civil disobedience. Even the smallest acts are of immense significance. Once we adopt the mindset that we are defeated, only then are we defeated.
People easily forget that they are being bombarded with one-dimensional echo chamber “news” 25 hours a day, and when someone says something that differs from this, they think they must parrot the 25 hour-a-day stuff to provide “balance”.
Reminds me of the saying “What’s mine is mine, and half of what’s yours is mine.”
