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Post by Entendance on Nov 5, 2022 12:05:39 GMT -5
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Post by Entendance on Nov 11, 2022 11:25:41 GMT -5
!Sep 29, 2017 at 10:45am'...The Koyaanisqatsi film doesn’t have a happy Hollywood ending, and it makes no pretense of it. Our Koyaanisqatsi economy will not end with ‘they lived happily ever after’ either. The protagonists wouldn’t know how to achieve that. They don’t understand what makes an economy run, and keeps it running. And they don’t want to understand, because they think it’ll make them less rich. Nobody gives balance a second’s thought. Presumably because they think the system, like nature, will eventually balance itself. And they’re right in that. They just haven’t considered what that balancing act might mean for them personally.
if you’re rich, good on you. But don’t forget what made it possible for you to gather your riches, or you’ll lose them, and probably a lot more too.'
Von Greyerz, Stoeferle & Piepenburg Agree: “Gold Is Just Fine”—Here’s Why |
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Post by Entendance on Dec 12, 2022 13:56:20 GMT -5
Matterhorn Asset Management (MAM) principal, Matthew Piepenburg, sits down in Zurich with MAM advisor, Grant Williams, in a brief (18-min) yet compelling exchange of ideas as to how and where the tides are moving in global markets and public trust.
The conversation begins from the top down as Piepenburg addresses his view of, as well as concerns for, an openly deteriorating macro picture. Specifically, Piepenburg raises a theme of technological progress far outpacing human wisdom when it comes to transparent and accountable financial leadership at all levels, from the corporate “executive” ranks (think SBF/FTX) and commercial banks (Bear Sterns/Credit Suisse) to the broader and failed policies of the global central banks (with an emphasis on the US Fed).
Piepenburg, who sees a great deal of “platitudes and lofty language hiding a lot of bad math,” is concerned about central banker’s mis-managing a financial system which is now at a dangerous inflection point as to their misleading (and mis-handled) recessionary and inflationary narratives. Turning from monetary policy to tech-sector/market warnings, the massive turns of leverage and misuse of client funds recently highlighted by the FTX implosion is, sadly, nothing new; rather it serves as metaphor of a much larger and systemic problem which both Williams and Piepenburg detail at greater length.
Williams turns the discussion to the particular theme of accountability, remarking on how the shift in public focus has turned to specific “celebrity CEO” failures (Bankman Fried, Fuld, Holmes, Newman, Powell etc.) rather than the institutions themselves (FTX, Lehman, Theranos, WeWork, the Fed etc.). For Piepenburg, this shift speaks to a public loss of faith in individuals, which eventually evolves into a loss of faith in the very systems they allegedly “lead.” This otherwise opaque theme of increasing, collective and systemic distrust (and a “fracturing of faith”) in fact has massive implications for global asset classes and markets now and in the near future.
Toward this end, the conversation naturally turns from this theme of growing distrust in systems and markets toward the historical loyalty and trust ascribed to physical gold throughout history. Here, the topic of central bank gold-purchasing, toxically distorted credit markets and the media-ignored necessity of negative real rates comes center stage as the world looks to ensure their open currency risk against a global backdrop of deteriorating financial models.
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Post by Entendance on Dec 24, 2022 3:07:57 GMT -5
-Thoughts on precious metals vs. rare earths;
-What to actually do with physical gold and silver (monetary metals) when needed most;
-The implications of the rising trend toward CBDC;
-The different roles and value plays of gold vs. silver;
-Thoughts on the past, as well as future, regarding the tragic war in the Ukraine;
-Are macro experts like von Greyerz too pessimistic?
-How to truly understand and value gold in a COMEX/LBMA distorted landscape;
-Concerns about the topics of asset registration/reporting and even confiscation as pertaining to gold ownership;
-Gold exchanges in Russia and India and the eastward migration of gold;
-The direction of the USD and the growing evidence of de-dollarization.
!
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Post by Entendance on Dec 28, 2022 11:47:45 GMT -5
 '...The injection of a dangerous substance into a large percentage of the world population was not a mistake, but an intentional act of murder...
...As the presstitutes are totally complicit in the mass murder, don’t expect any attention from the media to the released Pfizer report, backed up by the extraordinary increase in excess deaths in every vaccinated country following the vaccination campaign. Dr. Michael Yeadon, formerly Pfizer Vice President and Chief Science Officer has said that in addition to the deaths, infertility, and injuries from the “vaccine,” the effect of the “vaccine” is also to seriously impair the immune system, thereby making everyone injected susceptible to morbidity from diseases...
...Don’t expect Congress or the Executive Branch to do anything. Members of the House and Senate are dependent on campaign contributions, and Big Pharma are heavy contributors. The FDA is a marketing agent for Big Pharma...'
The Russian Defense Ministry named new high-ranking participants in the military biological program in Ukraine, including ex-heads of the US Department of Health structures, all of them associated with the US Democratic Party, Commander of Russian Nuclear, Biological and Chemical Protection Troops Lt. Gen. Igor Kirillov said...Sat, 24 Dec 2022
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Post by Entendance on Jan 10, 2023 4:45:54 GMT -5
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Post by Entendance on Jan 26, 2023 12:10:08 GMT -5
'We have confirmation from the highest sources that Russia and the Shanghai Cooperation Organisation (SCO) are considering using gold for pan-Asian trade settlements,   fully replacing dollars and euros. In an article written for Vedomosti, a Moscow-based Russian newspaper published on 27 December, Sergey Glazyev, a prominent economic adviser to Vladimir Putin who is heading up the Eurasian Economic Union committee charged with devising a replacement for dollars in trade settlements sent a very clear signal to that effect. It appears he will drop earlier plans to design a new commodity-linked trade currency because it has been superseded.
Furthermore, increasing numbers of nations have joined or have applied to join the SCO as dialog members, including Saudi Arabia and other important Gulf Cooperation Organisation members. The economic benefits of discounted energy, China’s investment capital, and sound money are the ingredients for a new, Asia-wide industrial revolution, while the economies of the western alliance sink under rising prices, rising interest rates, collapsing financial markets, and collapsing currencies.
While it will mark the end of the road for the western alliance and its fiat currencies, Putin must be careful not to take the blame. Now that the alliance is racking up tanks and other equipment for the Ukrainians, they are actively promoting a new battle, with NATO getting almost directly involved. It is that action which will drive up commodity prices, undermine western financial markets, undermine government finances, and ultimately collapse their currencies.
Putin is likely to use NATO’s impetuous action in defence of Ukraine as cover for securing Russia’s future as an Asian superstate, which will be the west’s undoing...' Russia’s intentions are clarifyingMeanwhile... '...both Russia and China have stockpiled physical bullion. Russia is known to have about 12,000 tonnes, of which 2,300 tonnes are held as monetary reserves. It mines 330 tonnes annually, which it is now adding to its hoard. Having accumulated the bulk of its hoard before permitting the Chinese public to buy gold, China’s state probably has over 30,000 tonnes, of which only 1,776 tonnes are declared official reserves. Since its inception in 2002, China’s citizens have taken delivery of a further 20,000 tonnes from the Shanghai Gold Exchange, some of which will have returned as scrap.
Therefore, the Russian and Chinese states between them command over 40,000 tonnes, which compares with America’s reserves, officially listed as 8,133 tonnes. As nations, they are also the two largest gold miners by output.
There can be no doubt that both China and Russia have a better understanding than western central banks of the relationship between money, which legally and in actuality is gold, and credit. They can only have built their reserves and mining capacity in anticipation that their currencies will need, one day, protection from a fiat currency crisis. First it was China, which accumulated most of her stash during the 1980-2002 bear market at prices as low as $275, before letting her citizens buy gold. With Russia, the accumulation has been more recent, undoubtedly seen by Putin as an essential part of his geopolitical ambitions. Both countries have concealed their true gold position, presumably so as to not threaten the dollar’s hegemony directly and to allow them to secretly add to their hoards.
In the event of a fiat currency crisis for the dollar, both the rouble and yuan have more monetary projection backing them than in any of the currencies of their adversaries...'
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Post by Entendance on Jan 30, 2023 4:07:11 GMT -5
Ag Argentum Silver
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Post by Entendance on Feb 3, 2023 3:27:17 GMT -5
Chess Master Putin Is Moving Closer To Destroying The US Dollar [The real war is in currencies, not Ukraine]  In the war between the western alliance and the Asian axis, the media focus is on the Ukrainian battlefield. The real war is in currencies, with Russia capable of destroying the dollar.
So far, Putin’s actions have been relatively passive. But already, both Russia and China have accumulated enough gold to implement gold standards. It is now overwhelmingly in their interests to do so.
From Sergey Glazyev’s recent article in a Russian business newspaper, it is clear that settlement of trade balances between members, dialog partners, and associate members of the Shanghai Cooperation Organisation (SCO) optionally will be in gold. Furthermore, the Russian economy would benefit enormously from a decline in borrowing rates from current levels of over 13% to a level more consistent with sound money.
To understand the consequences, in this article the comparison is made between the western alliance’s fiat currency and deficit spending regime and the Russian-Chinese axis’s planned industrial revolution for some 3.8 billion people in the SCO family. China has a remarkable savings rate, which will underscore the investment capital for a rapid increase in Asian industrialisation, without inflationary consequences.
With a new round of military action in Ukraine shortly to kick off, it will be in Putin’s interest to move from passivity to financial aggression. It will not take much for him to undermine the entire western fiat currency system — a danger barely recognised by a gung-ho NATO military complex...  A tale of two worlds |
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Post by Entendance on Feb 8, 2023 11:01:32 GMT -5
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Post by Entendance on Feb 10, 2023 8:40:58 GMT -5
In this week’s Live from the Vault, the renowned financial expert, Alasdair Macleod sits down with Andrew Maguire to investigate Russia’s plans to devise a gold and commodity-based replacement for dollars as a new trade settlement currency.
The famed economist prognosticates the return of sound money as the ingredient for a new, Asia-wide industrial revolution, while the western financial system continues to decay in line with the accelerating debasement of fiat currencies.
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Post by Entendance on Feb 11, 2023 5:18:01 GMT -5
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Post by Entendance on Feb 14, 2023 10:00:12 GMT -5
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Post by Entendance on Feb 18, 2023 12:45:47 GMT -5
! |
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Post by Entendance on Feb 26, 2023 19:56:15 GMT -5
'...THE STRUCTURAL DECLINE OF THE WEST
All empires are ephemeral and this is what the US and Europe are currently experiencing.
The final stages of empires, like the Han, Roman, Mongol, Ottoman, Spanish and British always include the same ingredients some of which are:
Excessive Debts and Deficits
Currency Collapse
Collapse of asset prices including property, bonds and stocks
Hyperinflation in the final stages, especially in food, commodities & services
Migration
High Crime Rates & Breakdown of Law & Order
Moral Decadence
Social Unrest, Civil War
Wars
As the West is now falling, we can tick all the above events also in the current collapse.
Global debt has exploded since 1971 to $2-3 quadrillion as I have explained in many articles like here.
If it wasn’t for the Petrodollar, the US would have collapsed years ago. But as more countries are considering trading oil in other currencies like in Yuan, the dollar will first Gradually lose its value and then Suddenly to paraphrase Hemingway.
But remember that since Nixon closed the Gold Window in 1971, all currencies have lost at least 97-99% of their value in real terms which is against gold...
...So assuming that this war remains a local conflict in Eastern Europe, how should people outside the war zone prepare?...'
Egon von Greyerz
March 1, 2023
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Post by Entendance on Mar 5, 2023 9:59:51 GMT -5
Russia’s Special Military Operation: After the First Year, A Paradigm Shift Alexander Dugin
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Post by Entendance on Mar 9, 2023 14:47:58 GMT -5
It's sliding towards either WW3 or Gold
The Crumbling World Financial System Desperately Needs A Gold Anchor This article examines the relationship between credit and its anchor in value. Today, that anchor is fiat currency, which is both parochial and unstable. Historically, and in law it has always been gold.
It is a common error to think of credit in a narrow sense, without realising that officially recorded credit in the form of banknotes and deposit accounts with the commercial banks are only a minor part of the total credit in an economy. This article takes a holistic view of credit.
The relationship between credit and whatever provides an anchor to its value is a far larger topic from that commonly discussed in economic journals. It involves an understanding of the relationships between currency credit and commercial bank credit, the consequences of which rarely occur to economic commentators.
There is evidence that changes in central bank credit have a greater impact on prices than an equivalent change in commercial bank credit — a new and important topic for our consideration.
This article draws on the history of law as it applies to banking, money, and credit. For both contemporary economists and the layman, it involves some concepts that may be novel to them. But given that they concern the very survival of contemporary currencies, they are worth making the effort to understand... |
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Post by Entendance on Mar 11, 2023 5:41:45 GMT -5
Russian economic sovereignty increased exponentially – Putin
Chains are made to be broken. The BRICS countries want trade to be more free and fair. They do not wish to be yoked to a slave currency based on debt.
 The new currency should be able to become an “external money” storage of capital and reserves down the road, not just a settlement unit.
'...if gold is undervalued in the Global North, it would gradually, or perhaps rapidly, gravitate to the Global South in exchange for exports or newcoin, which would not be a bad outcome for the “external money” system and accelerate the broad acceptance of newcoin as reserve currency. Importantly, as physical gold reserves are finite outside of the newcoin zone, the imbalances would inevitably correct themselves, as the Global South will remain a net exporter of key commodities.'
Moveable Multipolarity in Moscow: Ridin’ the ‘Newcoin’ Train
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Post by Entendance on Mar 19, 2023 5:08:42 GMT -5
Foreign clients withdrawing their money after the sanctions affected the assets belonging to single Russian citizens/entities... tomorrow anyone could be the next... That's why the European banks are going down and Gold is attracting more and more investors.
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Post by Entendance on Mar 21, 2023 17:09:55 GMT -5
Central banks (especially Russia’s and China’s) have bought gold at the fastest pace since 1967 as countries move to diversify their reserves away from the dollar...
The E. Beach & |
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Post by Entendance on Mar 22, 2023 11:34:13 GMT -5
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Post by Entendance on Mar 23, 2023 7:03:38 GMT -5
It’s the trust in the authority, stupid!
Are you equipped for the battle?
Use every piece of God's armor to resist the enemy in the time of evil, so that after the battle you will still be standing firm. Stand your ground, putting on the sturdy belt of truth and the body armor of God's righteousness. For shoes, put on the peace that comes from the Good News, so that you will be fully prepared. In every battle you will need faith as your shield to stop the fiery arrows aimed at you by Satan. Put on salvation as your helmet, and take the sword of the Spirit, which is the word of God. Pray at all times and on every occasion in the power of the Holy Spirit.
Stay alert and be persistent in your prayers for all Christians everywhere. -Ephesians 6:13-18
I came to cast fire upon the earth
I came to cast fire upon the earth; and would that it were already kindled! I have a baptism to be baptized with; and how I am constrained until it is accomplished! Do you think that I have come to give peace on earth? No, I tell you, but rather division; for henceforth in one house there will be five divided, three against two and two against three; they will be divided, father against son and son against father, mother against daughter and daughter against her mother, mother-in-law against her daughter-in-law and daughter-in-law against her mother-in-law." He also said to the multitudes, " When you see a cloud rising in the west, you say at once, `A shower is coming'; and so it happens. And when you see the south wind blowing, you say, `There will be scorching heat'; and it happens.
You hypocrites! You know how to interpret the appearance of earth and sky; but why do you not know how to interpret the present time?
"And why do you not judge for yourselves what is right? As you go with your accuser before the magistrate, make an effort to settle with him on the way, lest he drag you to the judge, and the judge hand you over to the officer, and the officer put you in prison. I tell you, you will never get out till you have paid the very last copper. -Luke 12:49-59
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Post by Entendance on Mar 24, 2023 6:44:44 GMT -5
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Post by Entendance on Mar 26, 2023 7:52:22 GMT -5
Quod fugere credas, saepe solet occurrere. -Publilius Syrus
 You often run into something you thought you were fleeing
Ce que tu crois fuit vient souvent à ta rencontre
Ciò che credi di fuggire, spesso è solito venirti incontro
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Post by Entendance on Mar 28, 2023 4:28:39 GMT -5
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Post by Entendance on Apr 2, 2023 1:59:14 GMT -5
Significant events in the 2000s created by fallacious Central Bank policies:
2000-2 Market collapse: Tech stocks down 80%
2006-8 Subprime banking crisis: Dow down 54%, massive money printing
2009-21 Stocks & asset markets exploding: Dow up 6X, Nasdaq up 16X
2006-20 Manipulation of rates: US 10yr treasury down from 5.4% to 0.5%
2000-23 US Debt explosion: Up 3.5X from $27t in 2000 to $95t in 2023
2000-23 Global debt explosion: Up 3X from $100t in 2000 to $300t in 2023 2020-23 Real inflation US EU: Up from 0% in 2020 to 10%+ in 2023 The extreme moves and volatility exemplified in the table above has nothing to do with free markets.
They are the manifest consequences of shameless manipulation of markets and market conditions by Central Banks. Such extreme moves could never happen if markets followed nature’s laws and the laws of supply and demand...
Long Gold & Short Bonds
Price leadership has moved east due to the East-West cold war and de-globalization, resulting in more gold flowing east and a potential end of the petro dollar.
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Post by Entendance on Apr 6, 2023 9:09:29 GMT -5
'The dollar-based credit bubble is imploding, and emerging economies are seeking protection by accepting trade settlement in other currencies. The US policy of threatening regime change, currency destabilisation, or other means of ensuring nations remain in its sphere of influence are now failing.
Mainstream economists in the West insist the dollar is irreplaceable, and that as a trade settlement medium China’s yuan is strictly limited. Referring to Triffin’s dilemma, China would have to run deficits to provide the necessary currency liquidity. But they ignore the role of bank credit, which can be expanded at will to meet trade settlement demand.
Furthermore, China’s exchanges offer hedging facilities into Physical Gold, attracting Middle Eastern energy exporters away from petrodollars, until the new trade settlement currency planned by Sergey Glazyev comes into existence.
For evidence of Russia’s intentions to reintroduce Gold into trade settlement, a translation of the semi-official position penned by Glazyev jointly with his deputy is appended to this article.
Increasing systemic risk in US, European, and Japanese banking systems is accelerating the movement of international trade settlement away from fiat dollars into safer havens. These are or will be ultimately backed by Physical Gold...'
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Post by Entendance on Apr 7, 2023 3:19:22 GMT -5
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Post by Entendance on Apr 22, 2023 7:14:15 GMT -5
Gold leading ‘revolt against dollar’ – economist
Is Saudi Arabia Selling Oil to China for Gold?
Dollar’s Reserve Power Eroded ’Ten Times the Pace Seen in Two Decades’ During 2022 – Report |
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Post by Entendance on May 6, 2023 12:00:56 GMT -5
 US National Debt So Vast It Could Implode World Economy: |
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The Entendance Beach & Nomi Prins
Germany resurrects its FASCIST NAZI ghosts 
Phase 1 has concluded.
The Entendance Beach & 
Entendance 
Russian victory in Ukraine will mean dawn of multipolar world -
Why, Where and How to Own Gold .JPG)
E. 
Central Bank Digital Currencies: 
Russia favors increasing role of SCO, BRICS, CIS, CSTO globally —
De-Dollarization: