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Post by Entendance on Oct 24, 2024 7:17:57 GMT -5
'...If Harris wins the presidential elections in the US, the deal will still be on the table. The victory of Donald Trump will be even better given the nature of his ties with Saudi leaders (as opposed to Biden’s ties with Saudia).
In fact, in the event of Donald Trump winning the elections in the US next month, the basic framework of The Abraham Accords could find itself significantly reinvigorated. Jared Kushner, Donald Trump’s son-in-law and a former top aide and architect of the accords, recently said that “The Abraham Accords remain a crucial pillar of stability in the Middle East”. If these accords are a source of stability, the logical policy action would be to find ways to expand them. States like Saudi might be anticipating this more than a quick end to the war on Gaza...'
Trade and security trump support for Palestine
H/T Tom from Florida
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Post by Entendance on Oct 26, 2024 4:16:01 GMT -5
U.S. Department of Justice Reportedly Investigating Tether: IMHO, The End is Near...➡️@johnreedstark
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Post by Entendance on Oct 30, 2024 12:47:03 GMT -5
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Post by Entendance on Oct 31, 2024 17:10:01 GMT -5
H/T Tom from Florida
H/T Tom from Florida
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Post by Entendance on Nov 3, 2024 7:20:03 GMT -5
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Post by Entendance on Nov 7, 2024 4:22:55 GMT -5
All the perplexities, confusions, and distresses in America arise,
not from defects in the Constitution or confederation, not from want
of honor or virtue, as much as from downright ignorance of the nature
of coin, credit, and circulation. - John Quincy Adams
The crypto world spent more than $130 million to elect more industry-friendly politicians this year, and it paid off this week.
Man of providence, man of destiny. For now. E.  
'The second election of Donald Trump to the White House is a major win for his billionaire backers, a mix of legendary private equity underwriters (PEU) and storied "live forever" tech founders...
...Trump raises his thin scepter (that makes his hands look bigger), "Enact the tax cuts!" The Musks and Rubensteins nod appreciatively. And their net worth adds another zero at the end. H/T Tom from Florida
Former President Donald Trump won a second term in the White House in the early hours of Wednesday.
Then he got a lot richer when markets opened several hours later. Oh, how was your morning?
Shares in Trump Media & Technology Group, his social media company, soared around 35% at the opening bell, briefly giving the firm a $9 billion market cap. The stock moderated over the course of the day, settling into a 6% gain and a $7 billion market cap. A day earlier, share prices were stable in the morning and his market cap was $8 billion, but then the afternoon brought a 17% dip when prediction betting markets narrowed, briefly leaving it with a market cap of $6.6 billion.
Why does this matter? Trump owns a 57% stake in the company. That means, in the span of roughly 24 hours, his stake went from being worth around $4.5 billion to $3.7 billion to $5.1 billion to $4 billion.
👍Trump rhymes with hump and Elon will power the pump. Who knew David Rubenstein would become a closet Dick Cheney with deficits don't matter? Monetization causes elation when it improves your station. Little people be damned.
When do people truly wake up? -Tom from Florida
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Post by Entendance on Nov 11, 2024 12:43:43 GMT -5
If the U.S. government actually established a #Bitcoin reserve and bought 1 million Bitcoin, it might end up buying millions more. Since the U.S. government’s purchase of 1 million Bitcoin would drive the price so high, many HODLers, then worth millions or billions, would finally begin cashing out to spend their windfalls.
That would cause the market to crash, forcing the U.S. government to print even more dollars to buy more Bitcoin to prevent the price from crashing, thereby diminishing the value of its Bitcoin reserve. Of course, a reserve of something you can never sell and must continuously buy is worthless as a reserve. To maintain the pretense that its Bitcoin reserve has actual value, the U.S. government would be forced to keep buying, destroying the value of the dollar in the process.
This would mean Bitcoin prices would keep rising, and the U.S. government would have to print even more money to buy more Bitcoin. Ultimately, so many dollars would be printed to buy Bitcoin that the U.S. would experience hyperinflation, rendering the dollar completely worthless. Once the dollar is worthless, the U.S. could no longer keep buying Bitcoin. Instead, it would have to sell all the Bitcoin it holds to try to pay its bills, leading to the complete collapse of Bitcoin. In the end, Bitcoin would have succeeded in destroying the dollar. But the victory would be short-lived, as Bitcoin would be destroyed along with it. At least those who sold to the U.S. government to buy real assets would be rich. The people who never sold their Bitcoin, or kept their savings in dollars, would be completely wiped out.
It goes without saying that this scenario would be an unmitigated disaster for the U.S. That's why it's highly unlikely that a Bitcoin reserve will ever be established, let alone built up to the level suggested by RFK. -Peter Schiff
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Post by Entendance on Nov 12, 2024 2:50:53 GMT -5
There has been a concerted effort for the last few years to get people to invest in the digital garbage (Bitcoin) instead of gold and silver. Hence why the MSM and financial institutions have played their role in this regard.
If you imagine that the MSM, publications, financial press and institutions etc have your best interests at heart you are very much mistaken.
There is a desire for the likes of you and I to put as much capital into the digital garbage as possible.
When the plug is eventually pulled it will lead to the biggest misallocation of capital we have ever seen in human history. -The Sirius Report
 '...The victory of Trump and Republicans is potentially the next step on moving to a true digital world, that is distinct from the nation state world we live in today. American corporations control almost all the important aspects of the digital world - from optic fiber cables, to social media, to operating systems to payment systems. Large US corporates operate on purely global scale, that is at odds with the domestic focus of nation state.
We have already seen that the nation state struggles to enforce its will against large US corporates, and with the reelection of Trump, tax rates will likely fall further. Elon Musk has already made the jump from businessman to politician (with control over SpaceX and Starlink making him the most powerful single person in military matters). The support of Bitcoin, which is outside of the control of the US government, also adds to the idea that we are moving to a new stage in Western civilisation, or returning to an age of Empire, with US tech company the digital world overlords. This would be similar to the arrangement between the UK government and the East India Company back in the day...' More here
H/T Tom from Florida
Bitcoin, crypto, and blockchain will likely go down as the biggest example of popular delusions and the madness of crowds in world history. The overall losses when the bubble finally pops will be staggering. It's not just the speculators who will be left holding a bag of worthless Bitcoin, but also the investors who funded all the infrastructure and related businesses. This is likely the biggest misallocation of resources in human history. Not only will the net losses to society be staggering, but Bitcoin itself will do more to tarnish the reputation of libertarian capitalism and the concept of sound money than any failed government program ever has. -Peter Schiff
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Post by Entendance on Nov 13, 2024 10:57:53 GMT -5
FOR THINKING PEOPLE: If Bitcoin's best property is that it can't be counterfeited by any government, but then governments can print counterfeit currency (i.e. the dollar), use that currency to buy USDT (Tether), then use USDT to buy BTC, then what does that tell you about the counterfeit currency contamination of the price of Bitcoin right now? I cover this in a special report... -HealthRanger
Basically, as I already wrote, Donald Trump's desire to stop the war in Ukraine (temporarily) is only to be able to focus on war with Iran and defend Israel.
His construction of a cabinet with predominantly Jewish candidates, or candidates who have spent their entire careers speaking on behalf of Israel, shows that Trump is preparing the infrastructure for confrontation with Iran from the political level down. -Megatron
Important to understand about Trump's coming wars in the Middle East, pushed by Zionists: Here's a map of U.S. forces in the Middle East (as of 2020), map via Al Jazeera. They are mostly stationed in military bases. Iran can strike and destroy nearly every one of these bases, and Iran's missile technology cannot be stopped by the meager anti-air defenses at the bases. If the U.S. and Israel initiate war with Iran, Iran can generate over 50,000 U.S. casualties within a few hours, while knocking out huge swaths of energy production fields in western-friendly countries. That, combined with blocking the Straight of Hormuz, would cause a catastrophic economic collapse and energy crisis among western countries. This is what Israel is pushing Trump to do, and Trump's picks confirm it. Brace for impact. -Health Ranger @healthranger
 
So the Trump administration is rapidly shaping up to be exactly the kind of NEOCON pro-war swamp team that tries to wage simultaneous wars with Iran, Russia, China, Lebanon and Mexico (because of the narcos). This could literally be the end of America as we know it. Trump is probably the LAST president America will have as currently organized. The U.S. military hasn't won anything since World War II, and now America's military industrial base has all but vanished. Plus, Biden shipped most of the available weapons and munitions to Ukraine, and even Yemen has nullified the entire U.S. Navy in the Red Sea. Iran has nuclear warheads. Russia has hypersonic missiles. China's naval power is exploding while U.S. naval power is collapsing. The dollar is collapsing in value, and Trump wants to weaponize it even more with economic sanctions that never work. Gerald Celente said it best, "When all else fails, they take you to war." That's going to be 2025 - 2029 in a nutshell. Prepare accordingly. -Health Ranger @healthranger
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Post by Entendance on Nov 14, 2024 4:09:49 GMT -5
H/T Tom from Florida
The global silver market is set to record a physical deficit in 2024 |
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Post by Entendance on Nov 16, 2024 5:03:37 GMT -5
 
'This plan with Michael Saylor was hatched long ago. Someone gave him the go ahead to borrow and buy on a magnificent level. Any other actor doing this without consent would bring regulators down hard on the entity. It takes a lot of BALLS to do what he's doing in public. I mean the spotlight. He tells you all you need to know about pushing the agenda through with the reference to the purchases of Territory by our country . Crypto is going to buy its way through and has already shown its hand. Regulation is bad and GeNSLER is resigning. The next step is who is Treasury Secretary : BESSANT or Lutnik ? One has speed bumps, the other is the off ramp into corruption city. Think Batman and Gotham Wall Street must like the idea of creating a worldwide liquidity backbone backed by nothing into a number that no one knows how far the number goes up. That's a lot of collateralization to have a lot of fun with and make a lot of people very very very wealthy. Derivatives WORLD instead of water world? We will drown ourselves in paper. Do you think they rename fORCE majeure into horse manure? So how do you measure a phony transaction in a phony world with phony people? You can't that's why they call it gangsta's paradise...'-Tom From Florida |
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