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Post by Entendance on Jul 1, 2016 16:54:14 GMT -5
No room for anti-Americanism at Fred & Entendance Beach
 
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Post by Entendance on Jul 4, 2016 1:37:25 GMT -5
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Post by Entendance on Jul 14, 2016 13:12:49 GMT -5
 * Mit dummen und unnützen Diskussionen um Finanzmedien im Morast versinken?
* Müde vom sinnlosen ungehobelten Geschwätz der bezahlten Basher über deinen bevorzugten Titel?
* Wünschen reine Luft und reines Wasser zu genießen?
* Willig auf dem weißesten Sandstrand der Erde zu liegen und dein Gemüt zu bräunen und deinen Geist von Anderer Inkompetenz zu entgiften?
* Dann ist dies dein Strand, mitten im Indischen Ozean!
* Schließe dich uns an werde ein Mitglied! Trete einer ausgewählten internationalen Gruppe bei, bei der die Anonymität gewährleistet ist. Wir bieten mehr Fakten als Meinungen, für Fred und mich ist das Wissen eine Waffe.
* Wenn du wünschst am "großen Spiel" teilzunehmen, dann bist du am rechten Strand. Werde ein Mitglied!
* Geniesse diesen Standort und verbreite die Neuigkeit dieser Webseite!
* Lasst uns alle gemeinsam diesen Ort zu einem blühenden Club für Vortrefflichkeit, Bildung und Information machen.
Entendance
*BOGGED DOWN INTO stupid and useless discussions on financials media?
*Tired of rude rants without sense coming from paid bashers on your favourite stock?
*Willing to enjoy clean air and clean waters?
*Eager to lay on the whitest sand of the world just to tan your soul and to detoxify your mind from others' incompetence?
*Then this is your beach, in the middle of the Indian Ocean!
*Join us: become members! Enter a select International group where anonymity is guaranteed! We here provide more facts than opinions, to Fred and to me knowledge is a weapon.
*If you wish to participate in the Great Game, you’re in the right beach! Become a member!
*Enjoy your staying and spread the news about this web site!
*Let's all together make this place a thriving sheltered Club for Excellence, Education and Information.
Entendance
Why Gold Is More Than a Pet Rock
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Post by Entendance on Sept 1, 2016 11:36:44 GMT -5
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Post by Entendance on Sept 13, 2016 11:56:14 GMT -5
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Post by Entendance on Oct 30, 2016 8:24:07 GMT -5
...***Sun Tzu
 
Stocks are businesses not soul-less tickers Margin of safety True risk is not volatility but permanent loss of capital Asymmetry of information The market is there to serve you and not the other way around Performance is important but so is “why” The only free lunch on Wall Street is pain...More here
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Post by Entendance on Jan 30, 2017 17:52:27 GMT -5
"...We are all imperfect and at times broken people, to some extent and in our own ways, even though there are some who cannot admit it, even to themselves. And we can find commonality not only in our suffering and setbacks, but more importantly in our response to them. This is our lot.
Whether it may be divorce, drugs, betrayals, heartbreaks, serious illness, deaths in the family, bad deals, or whatever, what matters is what we do with them. These are the 'talents' that we are given, along with all the skills, friends, hard work and good fortune, and it is our job to make something with them.
If you have never lost you are probably not really playing the game, yet. Come what may, what matters most is what you do with it, all of what life brings that shapes who you are. You can try to deny it, to retreat into drugs, alcohol, narcissism, abusive relationships and the like, overloading your sense to dull the pain— but you can never really escape it..." -Jesse
The Real Fight Is Within: Mental Hygiene
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Post by Entendance on Apr 3, 2017 16:10:34 GMT -5
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Post by Entendance on Jun 29, 2017 17:04:42 GMT -5
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Post by Entendance on Jul 5, 2017 9:29:57 GMT -5
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Post by Entendance on Jul 26, 2017 8:23:43 GMT -5
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Post by Entendance on Aug 16, 2017 16:26:44 GMT -5
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Post by Entendance on Aug 30, 2017 7:12:55 GMT -5
The Real Fight Is Within: Mental Hygiene Chapter XVII
Men and Depression:***10 Things Men Do That Make Their Depression Worse ***
Mental and spiritual preparation I
The Real Fight Is Within: Mental Hygiene II
Mental Hygiene III
Mental and spiritual preparation IV
The Real Fight Is Within: Mental Hygiene V
Mental Hygiene VI
Mental and spiritual preparation VII
Mental Hygiene VIII
Mental Hygiene IX
The Real Fight Is Within: Mental Hygiene X
The Real Fight Is Within: Mental Hygiene XI
The Real Fight Is Within: Mental Hygiene XII
The Real Fight Is Within: Mental Hygiene XIII
The Real Fight Is Within: Mental Hygiene XIV
The Real Fight is Within: Mental Hygiene XV
The Real Fight is Within: Mental Hygiene XVI
***More than 40 Chapters about Stupidity
***Excellence is an Art won by training and abituation
E. on twitter
If you like this beach, then you can help your friends locate it by letting them know about Fred & EntendanceInvestors Beach.
Let's all make this place a thriving sheltered Club for excellence, education and information!
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Post by Entendance on Sept 16, 2017 2:27:39 GMT -5
***Tragedy of the Speculations  ***Anecdotal Flags are Waved
Vae Victis (“Woe to the vanquished!”)
"If I have funds in a bank account, I know that I have a certain amount of fiat money available in that account, upon which I can draw more or less freely, according to the nature of the contract between myself and the Bank. The value of my account depends upon the value of the fiat money which it represents.
Bitcoins have no stated value. I cannot know the total value of my Bitcoins, until the moment I have exchanged all of them for a quantity of fiat money.
At present, the owner of 1,000 Bitcoins thinks that he is the owner of over $4 million dollars. But he is mistaken; he will only have $4+ million dollars when he has sold them all for $4+ million dollars.
I cannot use Bitcoins to purchase anything directly from just anyone; in order to purchase something with my Bitcoins, I have to find someone who will accept them in payment of what I wish to acquire, and for which that person is willing to accept Bitcoins in exchange.
In such a theoretical operation, both the person who tenders Bitcoins in a purchase, and the person who accepts Bitcoins in a sale, are both of them calculating their exchange in terms of fiat money, not in terms of Bitcoins.
Thus the Bitcoin has no independent existence such as fiat money has. Its worth depends on the existence of fiat money in which to transact exchanges.
As long as there are more buyers of Bitcoin, than sellers, the value of the Bitcoin will continue to rise, and that will bring in still more buyers and its value may rise to the skies.
But when the moment comes - as it must - when there are more sellers than buyers, then the value of the Bitcoin will fall; when the holders of Bitcoins begin to see a trend to falling value, there will be nothing and no one to stop the trend: owners of Bitcoin will rush in panic to sell their holdings - to other holders of Bitcoins - before its value falls further. With more and more owners trying to sell, there will soon be no buyers: no one will want to catch the falling knife! The value of Bitcoin will fall to practically zero. When the famous Tulip Craze of the 1600's was over, the losers at least had their tulips to look at.
The Bitcoin rise in "value" that took months - or perhaps years - to take place, will be over in a question of hours.
The Bitcoin will become a history of mass speculation that came to grief.
Charles Mackay said long ago: "Men, it has been well said, think in herds; it will be seen that they only recover their senses slowly, and one by one"
In the special case of the Bitcoin, sooner or later owners of Bitcoins will "recover their senses". But it won't be "slowly"! -Hugo Salinas Price
 The Entendance Beach & Cryptos
 More here
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Post by Entendance on Apr 25, 2018 5:48:17 GMT -5
And the winner is... 
– Russia buys 300,000 ounces of gold in March and nears 2,000t in gold reserves
– Russia now holds just over 1,861 tonnes, more than officially reported by China at 1,842t
– Both Russia and China have the power to destabilise US dollar by dumping dollar-denominated assets
– Turkey has removed all gold held in the U.S. opting for Bank of England and BIS
– Turkey follows trend set by both Germany, Netherlands and others to remove gold reserves stored in the United States
– Central bank decisions regarding gold reserves are examples of countries becoming nervous about the outlook for the dollar under the Trump administration 
***Russia adds to gold reserves again in March
***E. on twitter ***Where to store your Gold & Silver Bars |
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Post by Entendance on Jun 7, 2018 10:34:30 GMT -5
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Post by Entendance on Aug 4, 2018 4:55:37 GMT -5
And the winner is...Insanity
"Open-mindedness is usually viewed as an acceptance that other people might be right, rather than an active process of discovering where you’re wrong. Those might seem like the same thing, but they’re not. Being open to the possibility of others being right is passive. Real open-mindedness is like Darwin: Trying as hard as you can to disconfirm your own ideas, even when you want them to be right." -Morgan Housel
"How we behave is related to how we think, manage our emotions, and so on. Somebody with impulse eating and drinking, has what one should call a deficiency in frontal lobes development… and it can apparently be imaged. It does matter: we don’t want impulsive legislators around the world enabling their impulsive leaders to impulsively extinguish humanity… as. Potentially already happened. It happened because insanity has not been studied as it deserves. Watch “stoic” philosophers admiring Seneca, tutor of Nero, an ultra racist plutocrat. Right, Seneca talked seductively… But so did Hitler. One has to learn to look beyond appearances, and detect the madness.
The Internet enables the most ludicrous minds to broadly advertise their insane logic. Some are thrill seekers, some want not to feel alone anymore, and share the madness, some are Messiahs… And many are paid (as when I state we need a hydrogen economy to go hand in hand with photovoltaics, and get 100 scathing remarks in ten minutes on Twitter).
Insanity itself seduces: after all, it’s different, and perhaps the deepest, specifically more developed instinct in humans is curiosity. What triggers curiosity is what is unusual. There are many ways to seduce with insanity. One of them is ask insane question, as if one were motivated by curiosity, when in truth the question itself is a lie." -Patrice Ayme
Don't be impressed by:
1. Money
2. Titles
3. Network
4. Cars
5. Houses
Be impressed by:
1. Kindness
2. Generosity
3. Humility
4. Integrity
5. Positivity
7 Habits of Happy People:
Be grateful
Keep learning
Be generous
Laugh often
Be positive
No entitlement
And lastly...DON'T COMPARE!
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Post by Entendance on Aug 17, 2018 1:36:59 GMT -5
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Post by Entendance on Sept 21, 2018 4:44:29 GMT -5
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Post by Entendance on Oct 2, 2018 17:21:08 GMT -5
"I'm Getting Too Old For This Shit"
"...The Pussy Snorkel allows a man to continue breathing while performing oral sex on a woman in a spa, bathtub or even a bowl of green Jell-O. Insert the breathing apparatus into your nostrils, rub the clitoral stimulator against your favorite coral reef and start with the tongue action. With the Pussy Snorkel, any man can be a dive master..."
 here
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Post by Entendance on Oct 24, 2018 5:40:59 GMT -5
A must Read "...By 1923, no German thought of the paper mark as money by which to measure the value of anything. By 2009, no Zimbabwean thought of the Zimbabwe dollar as money. By now (we assume) few Venezuelans measure economic value in bolivars. Our purpose in ranting here, and of much of our writing, is to help people make this realization before the dollar goes the way of the paper mark and bolivar. With knowledge comes power. And better decision-making." Keith Weiner
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Post by Entendance on Feb 14, 2019 4:31:34 GMT -5
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Post by Entendance on Mar 5, 2019 12:01:46 GMT -5
Those who buy and hold gold & silver
"The world used gold coins as money up until the first years of 1900.
Since that time, the world's use of gold as money has ceased, and as of today, gold's only function is as a means of saving wealth for future use.
Today, the market for gold consists of two groups of individuals or economic entities: a) those who wish to acquire gold for the purpose of saving some wealth for future use, and b) those who hope to realize a profit in terms of paper money, by speculating in the gold market.
The group "a", of savers, is a relatively small group, and for the most part, only purchases gold and does not sell.
The group "b", of speculators, is a large group made up of individuals or economic entities anxious to realize paper profits.
The world is extremely indebted, and a great number of individuals are hard-pressed to make a buck on their speculations, including those in gold.
The monetary authorities running the paper-money schemes of the present are anxious to forestall significant rises in the paper price of gold, because such rises would diminish confidence in the lasting value of the paper money in use today.
The gold-gambling casino run by today's monetary authorities makes Las Vegas gambling look like child's play. The poor wretches who want to make a buck by speculating in gold are regularly taken to the cleaners by the legal manipulation carried out by the monetary authorities of the West.
There is only one policy which makes sense for those who are anticipating the collapse of all paper money in this world: buy and hold gold. Most people simply cannot afford to do that.
Nobody knows when the world's paper money is going to collapse; it may happen tomorrow, or it may happen years from today. We don't know when, but the collapse will happen at some date. That is engraved in granite.
In the meantime, if you want to lose money, speculating in gold is a good way to do it.
If you are one of those who are strong enough, buy and save gold." -Hugo Salinas Price
Keith Flint R.I.P.
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Post by Entendance on Mar 29, 2019 5:27:49 GMT -5
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Post by Entendance on Apr 12, 2019 11:17:05 GMT -5
FALSE MONEY LEADS TO FALSE VALUES
...How can anyone believe that any of the values we are looking at today are real. Bezos and his wife are worth $150 billion and his company Amazon has a Market Cap of $1.4 trillion. These are just fantasy numbers. And so are all the other billion and trillion dollar values that have been created out of nothing. So the US government has printed $13 trillion since 2008. And the world as a whole has increased total debt by $125 trillion. It is all this money that has created the illusory wealth in the world in this century.
Very few people realise that these telephone book numbers will all vanish in the next crisis and lose 90 to 100% in nominal value... here
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Post by Entendance on Apr 29, 2019 18:55:10 GMT -5
one of Yra Harris’s gems 
"...In attempting to assuage the world and promote China’s promotion of global growth and not mercantile practices Xi said, “The great rivers and oceans are deep because they are open to all trickles. If inflows of streams and rivers are cut off, even a big sea will dry sooner or later.” The second quote I DEEM TO BE OF MAJOR SIGNIFICANCE for its cryptic reference to a GOLD-BACKED CURRENCY: “China treasures its promises and commitments with a thousand taels of gold.” (Taels is the historic unit of measure for gold in China.) I know this is not the accepted view of this speech but in the spirit of Mao I draw out this inference.
There is no question that the Chinese and Russian central banks have the largest purchasers of physical gold over the last few years in an effort to reallocate from vast DOLLAR reserves. The question always arises: FOR WHAT THE PURPOSE?
After President Xi’s speech there was an Nikkei article by Takashi Nakano titled, “China Lobbies ASEAN on Yuan Use, Cracking Dollar Dominance.” This week, the Thai and Chinese are going to recommend changing the 2000 Chiang Mai Initiative in which Asian nations built a framework for pooling dollars to aid other nations in the advent of a currency crisis. The protocol has never been used but its structure is in place. The Chinese, with other nations’ support, are seeking to increase the use of yuan and yen in the pool to lower the dependence on the dollar.
The Chinese know that until they have made the YUAN a highly respected tool for reserve currency status something more will have to be done. I THINK THAT XI JUST LAID OUT THAT SOMETHING: A GOLD-BACKED YUAN. In an effort to acquire financial respectability it would behoove the Chinese authorities to support the Road initiative with gold paving stones.
Is President XI riding the global financial ocean of liquidity as the Great Helmsman? This is truly the realm of Notes From Underground where 2+2=5."
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Post by Entendance on May 11, 2019 4:38:51 GMT -5
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Post by Entendance on Jun 8, 2019 2:45:02 GMT -5
From Entendance's old nuked website files: SATURDAY, JANUARY 10, 2009 "ONCE UPON A TIME, WE LIVED IN A WORLD where asset-price inflation begat leverage, which begat more asset inflation, in a virtuous circle known as the great bull market. We bought bad art, good wine and vacation homes (many), and stocks "on the dips," which made us rich. And geniuses, of course.
Then the big, bad wolves -- greed and excess -- came and popped our bubble, and the markets', and all the pretty assets fell to earth. The fairy god-mother -- bearing a strange name for a godmother, Uncle Sam -- tried to clean up the mess with great gobs of money, but little success. The pain, suffering and deleveraging continued, inflation went bananas, everyone shopped at Wal-Mart and the Hamptons returned to scrub and sand. And no one lived happily ever after -- except for incredibly savvy stockpickers -- at least for a good five years..." -Barron's Roundtable
Jesse Colombo | Jun, 7, 2019 Why You Should Not Underestimate The Severity Of The Coming Recession
Having broken out in many currencies, gold will break out in dollar too, von Greyerz says
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Post by Entendance on Jun 14, 2019 12:11:12 GMT -5
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Post by Entendance on Jun 21, 2019 16:12:51 GMT -5
Adam Hamilton: Gold Bull Breaking Out!
Gold (silver) will be the primary (possibly ONLY) beneficiaries when the skyscaper of debt topples. Maximum leverage to gold’s price should be extremely high on your list of preparations! -Bill Holter
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***
***
"Short memories are going to once again doom millions of stock market investors who are getting their advice from Wall Street’s minions of deeply conflicted analysts and brokers. This is a good time to reflect on the fact that when the dot.com bubble went bust from 2000 to 2002 it wiped 78 percent of the value off the Nasdaq stock index..." 
***
