Showing posts with label world currency. Show all posts
Showing posts with label world currency. Show all posts

Monday, September 25, 2023

Gold prices down, oil up, war still profitable

Pfc. Sandoval, Ashley Wells, Seth Auberon, Sheldon S. (eds.), Wisdom Quarterly
Gold prices are fixed and manipulated because there's no shortage now. Not only can it be made, massive amounts were found in Uganda, Africa, more gold than King Solomon's mines, which were also in Africa, site of the next place the US needs to invade bring democracy and women's rights.

XAUUSD Chart — Gold Spot US Dollar Price — TradingView


What will it be worth, a beating or a bullet?
What is the most profitable thing of all? It used to be gold, real estate (territory), crude oil, electronics, then synthetic pharmaceuticals used to "treat" (never "cure," because that wouldn't be as profitable). It will be again. Big Pharma made a massive killing during the pandemic or plandemic scare. Tests didn't work, masks didn't work, shots didn't work, but anything that did or could was stopped (ivermectin, antiparasitics, etc.)

(Major Barbara, 1941) has summarized the dichotomy between donation-based charity and war-based capitalism better than playwright George Bernard Shaw? No one. It's all about money for those who will not let go. Skip forward to Minute 27:51.

Dare to speak your mind, Science? - Uh, um, I mean, there are exigencies and gatekeepers...

David Blume (alcoholcanbeagas.com)
Herd. Congregate to protest. Empty the churches. No singing. Stay home/isolated. Worry. Be anxious. Take pharmaceuticals. Ingest extra dosages of hypnotic TV "programming," particularly redundant news shows. Avoid independent medical opinions, alternative theorizing, your own eyes. Eat fear and enjoy it, like a rollercoaster ride or horror film playing out in real life.

Ironic Jordan Klepper, "Good" Guy with Gun
This one dummy, Mr. White, the "beer, beans, Bible, and bullets man," likes to call in and encourage everyone to invest in tangible gold, arm the family, barricade the house, build a bunker if you can, train in the woods, buy camouflage clothes and anything labeled "tactical," whatever that means. And, fearfully, many follow, not unlike lemmings or Q-Anon enthusiasts. These things, like gold prices, are completely controlled. On the CIA network (aka CNN), it's almost as if they're saying it, it's not true or anything to worry about. The nominal left calling for censorship to silence alternative voices? They have got us by the curly shorts and aren't letting go.


What to invest in, what to support? AI spying software (like Pegasus)? ChatGPT stock? Elon Musk, Inc., X (Twitter), SpaceX, Meta (Facebook), Alphabet, The Carlyle Group (Bush), Blackwater (or whatever they've morphed into), the canned bean industry, Bible Publishers Warehouse, munitions makers?

Sunday, July 3, 2022

What Uganda’s gold could mean for crypto

Andrew Singer (cointelegraph.com, 6/24/22); Sheldon S., Ashley Wells (eds.), Wisdom Quarterly

Uganda’s gold discovery: What it could mean for crypto
Blockchain has a future, Bitcoin likely does not.
Is gold becoming inflationary? Can Bitcoin replace it as a store of value due to [Bitcoin's artificial] scarcity and reliability? Are Uganda’s [gold] numbers implausible?

Questions arise. These are fraught times for the cryptocurrency and blockchain sector, so it isn’t surprising that industry proponents might seize upon any promising news to help charge flagging markets.
US e-cash: digital currency like cash without Fed
A Reuters' report out of Uganda last week about a massive gold ore discovery [worth $12+ trillion] supplied just this kind of fuel. What does the state of gold mining [on the continent of] Africa have to do with the price of global Bitcoin (BTC)? Quite a bit, potentially.

Bitcoin has periodically laid claim to being digital gold largely on the strength of its [artificially] strict 21 million supply limit, which makes it non-inflationary and a good store of value — in theory.

Gold, of course, is the store of value par excellence, with a limited supply and a solid track record that goes back millennia.

But if Uganda is sitting on 31 million metric tons of gold ore, as the government declared, might not that substantially boost the world’s gold supply? That in turn could lower the price of gold — and make it a less secure “store of value” generally.

Gold’s loss could be the cryptocurrency’s gain. Some drew encouragement from this notion. Microstrategies CEO Michael Saylor, for instance, posted a video on Twitter about the Ugandan discovery of “huge gold deposits,” which might net 320,158 metric tons of refined gold “valued at $12.8 trillion.”


As Saylor noted on June 17, 2022: “#Gold is plentiful. #Bitcoin is scarce," further telling CNBC

“Every commodity in the world has looked good in a hyperinflationary environment, but the dirty secret is you can make more oil, you can make more silver, you can make more gold…Bitcoin’s the only thing that looks like a commodity that is scarce and capped.”

But perhaps there is less here than meets the eye. The 320,158 metric tons of refined gold that the Ugandan mining ministry spokesman said could be produced from the new deposits in the country’s northeastern corner would far exceed the 200,000 metric tons in above-ground gold that exist in the entire world today.

One gold mining trade publication went so far as to suggest the Ugandan government may have been confusing metric tons with ounces in its projections. More

Tuesday, September 3, 2019

Keep savings safe as gold (video)

Pat Macpherson, S.Auberon, Pfc. Sandoval, Wisdom Quarterly; Money Metals; ITM Trading
I'm taking my gold bullion, shaping it into a Buddha, putting it in a safe (tricycle.org).
What is the price of gold today? One ounce is going for $1,527 or so (depending).


Samantabadra in yab yum
The Buddha's advice on money is found in the Sigalovada Sutra and says one should take one's money and split it into four equal parts: 1) spend and enjoy, 2) pay off debts (bills, loans, etc.), 3) restock inventory, 4) put away as savings.
  1. Spend on wants.
  2. Spend on business needs.*
  3. Spend on producing more wealth.
  4. Save for times of need.
  • *Inventory, paying employees, advertising, taxes, insurance, and so on.
The only better investment is good karma.
To preserve money it's not enough to store fiat currency (faith money like greenbacks) in the mattress and coffee can. It takes an investment in something that is not affected by inflation and deflation. Gold never loses its value for long, and it not infrequently climbs in value to earn more money than it cost to buy it in the first place.

Do not accept paper notes that say someone else is holding the gold (metal). Get the metal. This may mean investment in coins, which are a ripoff because the minting eats up part of the value. Krugerrands are better. Progressive loudmouth Thom Hartmann says he prefers ITM Trading for stowing away his troy ounces of gold... Better than gold is merit (profitable wholesome karma) that ripens in the future.

Gold: Not Just for Right-Wingers!
  • (Mother Jones, May 2010) ...Thom Hartmann have both endorsed ITM Trading, an Arizona company that, like Goldline, pushes [overpriced] gold coins as “the best way..."

    Friday, February 9, 2018

    Safe bonds and risky stocks fall with market

    Associated Press (ap.org); Seth Auberon, Ashley Wells, Wisdom Quarterly
    The day's Dow Jones industrial average volatility (Friday, Feb. 9, 2018) is worrisome.
    .
    Even "safe" bond investments falter...
    Don't worry, P Galore. I have bitcoin. - Get off.
    NEW YORK, NY - The stock market is not the only thing dropping. Bonds, which are supposed to be the "safe" part of every investor's portfolio, have faltered, too. In what has been a rude awakening for some naive investors, bond funds have lost ground these past couple of weeks, unlike in past downturns for stocks. What is different this time is that the same things undercutting stocks are hurting bond prices: worries about inflation and the possibility of much higher interest rates. More

    Thursday, December 7, 2017

    Gotta get some Bitcoin! Here's how

    Pat Macpherson, Seth Auberon, Pfc. Sandoval, CC Liu, Wisdom Quarterly
    Bitcoin is not physical, like the trick "bit" shown here. It's only digital and a bubble.
    If Bitcoin is man in black, woman in white is the new investor trying to get rich quick.
    .
    Cash me outside, bitch, and pay me in Bit!
    Get rich schemes are getting harder to come by since Internet search engines allow us to research more sides of the story than just the one that makes scammers money.

    But have you seen what Bitcoin (BTC), the hot digital cryptocurrency, has been doing lately? It's volatile and has no future in its present form. But along the way from here to there, one can ride the wave of volatility and cash out ahead of the game. Set a reasonable automatic sell point.
     
    I can pay you in bit. Are you on tour soon?
    It's a risky game. Be prepared to lose it all. Unlike most things, Bitcoin is not a good thing to hold for the long term. Why? Banks and governments are not going to allow themselves to be undermined by an independent alternative currency. They will subvert it, much as they are currently doing by inflating this bubble.

    If Bitcoin is so valuable, why are current owners trying to seduce so many new investors into the market? That's how you make money from a bubble. It's like having a poker game among friends. How are you going to get rich? Invite a bunch of nonfriends to join the "friendly" game and milk them for all their money. In this example, you are the nonfriend about to be milked yet you think you're joining a friendly game to get rich off them.

    I so wanna get rich quick, I lose it all.
    Ever wonder why it is suddenly so volatile? It's because it's about to be listed in normal stock markets so investors can buy futures. Bitcoin is constantly being remade, reformatted, robbed from electronic vaults (which should be impossible but apparently isn't that hard), and precariously depends on the objective Internet, subjective net access, the bitcoin network, and the WWW. One solar flare or pulse bomb, and it all goes bye bye. An investor will still have it in cyberspace but will have no way to cash it in. Ask Danielle Bregoli.

    More suckers needed to join our game
    It was once possible to buy one Bitcoin for 8 cents. That was a few years ago. One guy bought $600.00's worth. He forgot about them in his hard drive then threw the hard drive away -- and with it, $122,000,000.00 at current prices, depending at what time of day one sells, of course, because the price is changing hourly by thousands of dollars per coin.

    How does one get rich in an investment market? "Buy low, sell high." (The trick is there's no way to know ahead of time what "low" means and when the "high" is hit; that's all guesswork). When are people going to be buying? Right now, which is high. When will they be selling? When it's low, after the bubble bursts.
     
    How likely is anyone entering the market right now to get rich with Bitcoin? Not likely at all, zero percent. It violates the fundamental rule.

    But then why do ads and agents keep promoting Bitcoin? That's so you can salivate, get in higher praying it'll go higher, then you'll be cleaned out when you try to divest after the plunge. They come in and clean up, you go lick your wounds and wish you hadn't mortgaged the house.

    Let dana be your path to gold.
    Buy gold or silver, as their value never goes to zero. Bitcoin will be supplanted by another cryptocurrency banks and governments control and regulate and treat just like the fiat currency we live under now. What's that other truism about markets? "A fool and his money are soon parted."

    See, this is how they get you: by changing the subject right away. Q: "Should I buy bitcoin?" A: "Digital currencies are the future." No one's arguing whether or not digital and cryptocurrencies are sound. The question is whether the bitcoin brand is sound. There will be, there already are, alternative currencies. Like Napster, bitcoin will not be allowed to succeed or come out on top. Bitcoin is not a sacrificial lamb so much as it is a Judas goat that leads others to slaughter.

    Stop making sense! I want to buy BTC anyway
    Gold, being real, is the opposite of bitcoin. There is no such tangible thing as a Bitcoin.
    • Standard Exchanges (bitcoin.com) Buy bitcoin, create bitcoin wallets, read bitcoin news, and more.
    • How to buy bitcoin: A step-by-step Guide (businessinsider.com) Using the app Coinbase, we ventured to buy and sell bitcoin, the popular cryptocurrency whose cost has seen massive spikes in recent weeks.
    • How to buy Bitcoin (coinbase.com/buy-bitcoin) Coinbase [according to Coinbase] is a secure online platform [app] for buying, selling, transferring, and storing digital currency.
    • How to buy bitcoin: A beginner's guide... (independent.co.uk/life-style/gadgets-and-tech/new...) The value of bitcoin has hit a new record high of $11,850.00 [now much higher, 16-17K per BTC), and mainstream interest in the cryptocurrency has skyrocketed. 
    • How To Buy Bitcoins (howtobuybitcoins.info) Quickly discover how to buy and sell bitcoins in your local currency. Find the best rates and get streaming price quotes across bitcoin exchanges everywhere! 
    • How to buy Bitcoin and Ethereum (mashable.com)
    • Basics for Buying and Investing in Bitcoin (investopedia.com) Bitcoin (BTC) is a decentralized cryptocurrency payment system designed by Satoshi Nakamoto. The software-based currency was released to the public in 2009. Since then, updates and improvements have been made by a network of developers, partially funded by the Bitcoin Foundation... 
    • Buy - Bitcoin (bitcoin.org/en/buy) Discover people selling Bitcoin in your community. "Local Bitcoins" lets you search and browse through various sellers of Bitcoin in your area. Sellers have reviews and feedback scores to help you choose [sucker].

    Sunday, January 30, 2011

    Dead Sea Scrolls; One World Currency

    Natalie Zutter (...ology.com)
    Dead Sea Scrolls fragment
    The Scrolls will be available in English, Greek, Aramaic, Hebrew (relaxedpolitics.com).

    Is having the Christian Bible on an iPad passé? Soon we'll be able to access a controversial document, once Google digitizes the Dead Sea Scrolls. Scholars and casual readers alike will have free, electronic access to the 2,000-year-old scrolls, which were discovered between 1946 and 1956 in the limestone caves carved into the cliffs of the wadi Qumran, on the Dead Sea.

    One of the major debates surrounding the scrolls has been whether they clarify or alter tenets of Jewish history and the roots of Christianity. With the documents to be transcribed first in English and then in Hebrew, Aramaic, and Greek translations, new contention may arise surrounding whether digitizing a holy document robs it of its sacred nature. Source

    Around the time of the iPad's arrival, blogger Cliff Holmes posted an interesting editorial to The Gospel Blog about his electronic interaction with the Bible and how his sons will probably never carry a Bible to Church. He discusses how readers will likely trade the tangible experience for a more nuanced [presentation] of the stories contained in it:

    "The iPad and other digital devices have the potential to turn reading the Bible into an interactive [multimedia] experience. Imagine reading one of the Gospels and having the ability to see and hear an illustration of John baptizing Jesus or Jesus hanging on the cross. In my opinion that is much better than reading printed words on a page."

    One World Currency?

    This TruNews radio broadcast centers on Christian "conspiracy theory" talk about the coming New World Order and the monetary change over. Contact with extraterrestrial sources is contextualized in Christian terms:

    If a contactee states he is literally in touch with the "holy spirit" -- or the "lord," a messenger ("angel"), vision, dream, "God," or any other -- it is simply saying he is in contact with a source calling itself that or interpreted that way. (For example, we know a girl who gets all her information from a "little bird" talking into her ear. Impossible? It's tweeted to her by iPhone when she logs on Twitter).

    One need not buy into Christian lore to consider the validity of the information itself. It is unsolicited. In fact, everything being said seems to be planted by the secret sources they reference. If one dismisses the information because they are misnaming or misunderstanding sources, it will all sound like nonsense. But if one can get past the Biblical language, mythology, and pomposity, there is something here to consider.

    What is being planned in Deep Underground Military Bases (DUMBs)? What programs are conceived, launched, and conducted from safe zones? We go so far as to say: Nothing happening to the world economy, American dollar, and Euro is unplanned. People scoff, "Why would we do this to ourselves, our economy?" Who? If one believes that all Americans work only for Americans -- that no one feels above it or more dedicated to corporation industry or the military -- then it's impossible. It can't be happening. But inner-group identity trumps nationality. Why would "we" spray ChemTrails?

    New World Order

    Friday, March 12, 2010

    Not Attached to Anything

    (Flickr/h.koppdelaney)

    "Not attached to anything" -- this digitally created image is the work of a German artist. The monk in this portrait is Tibetan. The Buddha is Indonesian. The signs are Japanese. The meaning is "international." See meditation images.

    Sunday, March 22, 2009

    Fate of Money



    Dollar as world’s only reserve currency is illegal, Kazakhstan president says
    03/10/2009 [article] / World / Former USSR
    A new world currency must be created under the aegis of the United Nations Organization, Kazakhstan’s President Nursultan Nazarbayev said. "World currency is de jure not legal because it was never accepted by any communities, any organizations and there is no such law in the world," he said. More>>

    Putin denies rumors of mysterious new world currency
    03/05/2009 [article] / Russia / Economics
    Russian Prime Minister Vladimir Putin rejected the rumors about the possibility of a new currency to appear in the world. Putin also urged not to compare the current crisis in the USA with the Great Depression... More>>

    Euro may collapse to dollar’s laughter
    02/09/2009 [article] / World / Europe
    The future of the European currency is challenged. The euro, which appeared as a result of the political decision, has only several years left to live. Many European officials believe that the continent needs to return to national currencies against the background of the ongoing economic crisis. However, the euro may collapse for economic reasons too, no matter how strange it may seem to sound nowadays... More>>

    US debt default to make dollar collapse
    02/03/2009 [article] / Business / Finance
    The prospect of the United States defaulting on its debt is not just likely. Its inevitable, and imminent. The regulatory black holes into which sanity and reason disappear on a daily basis are soon to collapse under the mass of their sheer size. The circle jerk going on among G7 governments has to end – the steady advance of gold, even in the face of a managed price, exposes the real value of the U.S. dollar, as opposed to its apparent value expressed in the dollar index. More>>

    Putin urges Europe not to fog his mind
    01/30/2009 [article] / Russia / Economics
    Russia’s Prime Minister Vladimir Putin, who was given the honor to open the World Economic Forum in Davos, switched to his typical tough style of talking. His remarks were not similar to his renowned speech in Munich (it was his most anti-Western speech during his entire presidency), but he did exercise some of his tough rhetoric... More>>

    China to continue propping up the US dollar?
    01/27/2009 [article] / Business / Finance
    China and the United States have had a trade imbalance for quite a long time. In theory, when one country (the U.S.) imports more goods from a country (China) than it exports to it, the value of the currency of the importing country (the dollar) sinks relative to the value of the currency of the exporting country (the yuan). At least, this is supposed to happen when the value of currencies is allowed to float. More>>