For the elites of ancient Rome, extravagant tastes, decadence, and the pursuit of luxury in all aspects of life were societally accepted norms. Wild animal hunts called venationes were held by the upper echelons of society, giving other wealthy Romans the chance to hunt rare animals that had been captured and shipped from around the world. Not only that, but the chance for commoners to marvel at creatures they would never hope to otherwise see in their lifetimes.
Currency is just a mutual agreement. One of the nation's value can be observed by its stability, and how it treats its own people. The greater the inequality the more unstable if becomes, simply because no one enjoys being a victim and a scapegoat for someone else.
The best case scenario is a nation made up of people that believe in it, and pull together.
Life isn't all about currency, but of collective will of its nation. More simply; life is meant to be lived with feet on the ground, instead of juggling abstract concepts of power and money.
Life could be much much simpler if we did away with the bullshit, and learnt to live well (not in excess as the elites did, but sensibly, sustainably, and joyfully. It's not a fluffy dream if we want it, and we learn to stop pretending that anything anything more valuable than first and foremost meeting the basic needs of all. We really have it all backwards, worshipping and wasting energy on things that doesn't sustain us)
Good luck to you all. I'm a nobody, I don't have the power to change the course of this sinking ship of humanity, but it does feel rather silly to witness nonsense take place with so much effort and misplaced sophistication.
PROTOCOLS OF THE MEETINGS OF THE LEARNED ELDERS OF ZION . . . Protocols of Zion: Protocol II – Economic Wars
❝The administrators, whom we shall choose from among the public, with strict regard to their capacities for servile obedience, will not be persons trained in the arts of government, and will therefore easily become pawns in our game in the hands of men of learning and genius who will be their advisers, specialists bred and reared from early childhood to rule the affairs of the whole world.❞
Precious metals are a way to hedge against value loss in your other assets, but much of the talk about the end of the dollar sounds like children describing what they would do if they could fly. US debt is approaching $30 trillion. That is about one of every six dollars worth of currency on the planet. If the USD sinks, it will drag the other monetary systems with it. I have almost $20K of gold on hand. How long could I live off of it, even if I could prevent its theft? There aren't many countries that are self-sufficient with food and energy. Canada, the US and Mexico will be "squating in tall cotton" while the rest of the globalized system collapses. I can't do anything about it so I refuse to let it freak me out.
Agreed and my point is what standard does your $20K measure by? If the Chinese yuan becomes the currency, how much is it worth then, and do people really think they will have a fair shake when ‘cashing it in’ at a bank? They might say comrade you got too much…
The Russians sold a bunch of commodities to the Chinese after the sanctions got put on them. And they discovered that even the Chinese didn't want to take Yuan back. The "strength" of the yuan is mostly like everything else Chinese: illusory, but with the truth available to anyone who searches diligently.
Protocols of the Meetings of the Learned Elders of Zion . . . Protocol No. 21 – Loans and Credit
❝ When the comedy is played out there emerges the fact that a debit and an exceedingly burdensome debit has been created. For the payment of interest it becomes necessary to have recourse to new loans, which do not swallow up but only add to the capital debt. And when this credit is exhausted it becomes necessary by new taxes to cover, not the loan, BUT ONLY THE INTEREST ON IT. These taxes are a debit employed to cover a debit.❞
65% of the American population are living paycheck to pay check. Obviously they won't be buying any gold. In fact, I'd venture to say that only people in the top 5% of Americans can afford to buy Gold. So why do you, and all sorts of other so called financial experts keeping droning on and on about buying Gold? And in addition to my criticism of your Gold buying advice....once the world goes to a Digital currency every single once of Gold as physical Gold or Paper Gold will have to be turned over to the tyrants. Frankly I'm not impressed with your lesson plan.
PROTOCOLS OF THE MEETINGS OF THE LEARNED ELDERS OF ZION . . . Protocol No. 20 – Financial Programme
❝To-day we shall touch upon the financial program, which I put off to the end of my report as being the most difficult, the crowning and the decisive point of our plans. Before entering upon it I will remind you that I have already spoken before by way of a hint when I said that the sum total of our actions is settled by the question of figures.❞
I don't live in the US but every western country and many others around the world would be affected by the USD collapsing. The currency where I live may very well be taken down with it. If there was a financial collapse, the first priority would be getting consumables - food, toothpaste, toilet paper, gas, etc. If you tried to pay for these with gold, you'd likely find the cost extraordinarily high. If I have extra food to sell and you have gold, I know which one of us is more desperate and who's getting the better deal. You're not going to starve to death clutching your gold, right? So before you buy gold, stockpile what you think you would need, as it is very cheap now compared to what it will be right after a collapse. It needs to carry you through to when a new, stable currency comes in to replace the old currency and the economy starts working again. It is possible to stock up to 20 years worth of food if you have the budget, the know-how, and the room.
I see gold and other PMs (precious metals) as a store of value that I can use in two different scenarios. One - as a store of wealth that I can trade for whatever new, stable currency eventually takes the place of the old currency. This can take years, and new currencies can fail a couple times before one finally sticks so sell PMs only as/when needed. New, supposedly stable currencies have lasted 20 years before collapsing themselves and being replaced by new new currencies.
The second scenario is if you need to leave your country. If you have physical gold, a kilo (2.2lbs) is worth over $64,000 USD currently. 4 of these little bars would be a quarter of a million USD right now, or the equivalent value of any other currency. That's enough to set you up nicely in a new country. So it's very packable wealth. Of course you can also keep your PMs in vaults in other countries so it's already there and secure, waiting for you (silver is another potentially good PM, but you wouldn't want to carry it - you'd need 80kg/176lbs of silver to equal the value of 1kg of gold - better to have that in a vault in a your back-up country of choice!).
PMs are only something I buy with "extra money". They're security, like a home security system, or home/car/life insurance. More important are stockpiling consumables, keeping my car in good running order, my house and appliances in good repair (so if there's a collapse of any kind, I don't need anything for a long time, as it may be hard to find a new washer/dryer, or roofing shingles, or spark plugs, or whatever), paying off debt (having lots of room on credit cards and lines of credit may come in handy - it's impossible to be approved for credit when your in a situation where you need it!), etc. I keep cash on hand (in case of the banking system going down temporarily or a run on the banks) as well as some in the bank for illness or injury that would prevent me from working for a while, or for other emergencies. So PMs are just a small part of a larger, overall strategy and only for two specific use cases.
PROTOCOLS OF THE MEETINGS OF THE LEARNED ELDERS OF ZION . . . Protocol No. 23 – Instilling Obedience
❝That the peoples may become accustomed to obedience it is necessary to inculcate lessons of humility and therefore to reduce the production of articles of luxury. By this we shall improve morals which have been debased by emulation in the sphere of luxury.❞
Yes I do agree that the DE-DOLLARIZATION of the Yankee Greenback dollar as the world's single reserve currency has already begun. The Yankees shot themselves in the foot with extravagant totally unrepayable government deficits & most importantly IMO, by also using the dollar as a weapon against the Yankee enemy states. This alone totally disqualifies the Yankee currency from ever again holding GLOBAL SINGLE reserve currency status IMO. The Yankees will be forced to raise their own interest rates to defend their declining dollar in future but it just will not work IMO. Time will tell.
PROTOCOLS OF THE MEETINGS OF THE LEARNED ELDERS OF ZION . . . Protocol No. 15 – Ruthless Suppression
❝Our absolutism will in all things be logically consecutive and therefore in each one of its decrees our supreme will be respected and unquestionably fulfilled: it will ignore all murmurs, all discontents of every kind and will destroy to the root every kind of manifestation of them in act by punishment of an exemplary character.❞
Great article. Agree de-dollarization is increasing at a faster pace. Now even France publicly stating they want to distance from the USA. Monetary reset coming. Gold is always the best bet in times of uncertainties.
PROTOCOLS OF THE MEETINGS OF THE LEARNED ELDERS OF ZION . . . Protocol No. 6 – Take-Over Technique (agriculture) . . .
❝We shall raise the rate of wages which, however, will not bring any advantage to the workers, for, at the same time, we shall produce a rise in prices of the first necessaries of life, alleging that it arises from the decline of agriculture and cattle-breeding: we shall further undermine artfully and deeply sources of production, by accustoming the workers to anarchy . . .❞
To say that the decline of the dollar is the reason for the increased acquisition of gold by Central Banks is folly. This gives people a credible solution to the problem, and they who read and internalize it will cease to dig deeper. There is no doubt that a further consolidation is in effect, but the reason why is not quite so easy to come by. Funny that the record levels of acquisition began in 2019, but not at all is it coincidental. If one wades far enough out into the waters, the murkiness begins to fade, as the deeper waters tend to be less tumultuous and thereby more clear. The entire mission is the gold. The control and power exerted and overused in the process are just byproducts; the mission is the gold. So then you have to understand why. Why pursue the gold? From our very limited perspective, and from an absolute lack of understanding of our origins (which understanding has been deliberately kept from the general public, probably for good reason), we think it is the pursuit of wealth, power, and control. But there is something larger at play here. The elitists push for power and opulent wealth didn't begin with Mayer Amschel Rothschild. It didn't begin with the Romans, or the Egyptians. It began at the beginning, and was never about wealth; it was about the gold. But aren't these the same? Gold has no inherent value, but only the value that we ascribe to it. And why do we ascribe so much value to this shiny metal? Ask the Inca... The reason that they are pursuing it more intensely, and they are saying the quiet parts out loud now, is not because they think they have amassed enough to where nobody can touch them. It is because the time frame draws shorter and they have a deadline. By now anyone reading this should know that most of the corporate world has been consolidated into the hands of BlackRock and Vanguard. If you've dug a little deeper, you understand that BlackRock and Vanguard are Rothschild agents. So you begin to understand that the entire consumer-and-financial-related corporate world is consolidated into the hands of the Rothschilds. Now why is the question. Though the Rothschilds own this corporate world, there's somebody else who owns the governmental world. If you've dug deep enough you know they are actually synonymous because all governments are corporations. But, there are the consumer related corporations and then there are the government related corporations. To know who this other group is one only need to look as far as what group occupy is the vast majority of upper level cabinet positions in the United States. One group owns one and one group owns the other. There has always been, since the beginning of our recorded time, two warring factions. But then when you make the connection you understand that even though there are two groups, they are simply two factions of the same group, and that it is actually only one group that owns everything. But you have to go back far enough to find out who that group is. I leave this comment with this. John D Rockefeller was a Rothschild agent sent out in order to obtain control over America, basically. John D Rockefeller's Masonic Creed states, " they can never know what we've done. If they find out they will turn against us and there will be nothing that we can do to stop them.... we who from Heaven to Earth came..." Now, if you know, you know. But if you don't know, I urge you to look around, outside of Google obviously, and find out the significance of this claim, this label self-applied by John D Rockefeller, this, "we who from Heaven to Earth came." Before you dig however, make sure your relationship with the Creator is cemented, and that you truly know who he is. Because you won't like the answer that you find. But there is no reason to dislike it, because it simply is what it is. Sorelle, as always, thank you 🙏 Namaste.
The newsletter is well-written and persuasive in conveying the intended message, although I do have a minor issue with the research that was conducted prior to its creation. Specifically, the term "vomitorium" does not refer to a place where wealthy Romans would regurgitate after overindulging in food and drink, but rather to the exits in Roman theaters. There is no evidence to suggest that Romans had dedicated rooms for vomiting as a display of their wealth. Nonetheless, the argument for investing in precious metals is compelling and it is advisable to diversify investments across multiple assets in the current economic climate.
Only problem I have with this gold buying is how do you sell it in the future? This article and others like it, are based on a stable transaction market. What is stopping the US from devaluing it or confiscating like in WW2? What is stopping the government from freezing your (gold) assets, like happened in Canada’s trucker protest and their bank accounts were frozen.
When currencies collapse, there is always a new currency that eventually takes its place and order and stability are eventually restored. Until this happens, just hold your gold or other PMs. Don't use it during the in-between phase. I'm making another post where I talk about how I see gold in a larger strategy.
My question is still how do you ‘cash it in’ - and what standard defines the price of gold? Right now it is “worth” $2000 in USD, which means it is based on paper/fiat. Will banks take your gold in Euro or Rubles?
Gold is best thought of in terms of "what can I get for a given amount of gold". A house cost the same amount in gold in 2023 BCE as it does today. A month of food cost about the same amount of gold back then as it does today. And these will likely cost the same amount of gold in the future (unless AI and robots take over and make currency obsolete).
Fiat currencies fluctuate all over the place. For example, what cost you $1500 in 2020 likely will cost you $2000 today. But an oz of gold was worth $1500 in 2020 and $2000 today, so that oz of gold has the same value. If in 10 years the USD has collapsed and it costs $938,340,482,239 USD to buy what $2000 gets you today, then one oz of gold will likely be worth about $938,340,482,239 USD in 10 years, too. So having wealth stored in gold protects its value.
The value is also the same all over the world. Right now 1oz is worth $2000 USD or $275,000 Icelandic Krona (ISK), or $30 mil Indonesian Rupiah (IDR). Also, you can exchange $2000 USD for $275,000 ISK, or $30 mil IDR.
Given that gold has the same value everywhere and holds it's value over time, if you bought 100oz of gold today for $200,000 dollars, and in 10 years the USD collapsed to the point of being worthless and you fled the US to Iceland or Indonesia with a suitcase full of greenbacks you wouldn't get anything for it, but if you showed up with with your 100oz of gold you'd get about the same value you put in at the time you purchased it. Whatever $200,000 USD would have bought you in 2023, you can still buy in 2033 in Iceland or Indonesia with 100oz of gold.
To cash it in, you can take it to a bank or your local coin shop (LCS) or sell it to a reputable dealer online (I buy my PM online). Just completely and totally avoid gold smiths or pawn shops, as they'll give you the 'melt weight' of the gold, which is far below the value of a bar or coin from a reputable mint, which is probably what you'll be buying (if it's gold dust, or jewelry or anything other than coins/bars, then melt weight is what you'll get for it).
When you buy coins or bars, there is what is called the "premium" - this is the value added to the gold or other PM when turning it into the coin or bar. This process involves refining the PM to an exact purity, constantly verifying that purity, the whole stamping process, shipping, etc. So while 1oz of gold is $2007 USD, a 1oz American gold eagle coin goes for around $2,200 - $2,250. Larger coins and bars have less premium/oz, while smaller coins have more premium/oz. Government mints like the US Mint, Canadian Mint, Perth Mint, etc have higher premiums than private mints like Englehard, Sunshine, Scottsdale, PAMP, etc. Government mints stamp a value on the coins and bars (just $5 or something, it doesn't reflect the actual value), and are therefore considered currency and forging them carries all the penalties of forging currency, so are forged less and therefore trusted more, hence fetching the higher premium. Still, buy from reputable dealers to make sure you're not getting forgeries. That amazing deal on Ebay might be for a lead core with gold plating!
When you sell your coins and bars you'll get slightly less than what the current price is. Eg you might get $100 less than the current price for a 1oz gold coin. So the price would have had to have gone up by $100 since you bought it to break even. The difference between the buy and sell prices is called the "spread". Your goal is to find the lowest premium when buying, and the lowest spread when selling. The extra premium you paid for the smaller coin or the government mint coin vs the private mint coin, is usually carried over when you sell, but it's not always equal. There's often a smaller spread with private mints. Do your homework. Also, think about how you'll use your coins/bars. If you live in Canada, a Canadian Mint 1oz Gold Maple coin is going to be more trusted by a lay person than a 1oz South African Gold Krugerrand. So if you are preparing for a possible "end of the world as we know it" scenario, that might be the better way to go.
If AI and robots take over basically every job, then there may simply be no monetary system at all. Hard to say. I can picture many different viable ways that could go. That process will start very soon. Within the next year or two. Chatobots are getting good enough they can replace any phone-based job (customer support, tech support, sales, reception), so I expect that to happen extremely soon. Self driving is probably two or three years away. The vehicles need to be built and that will take years to do, but those will be able to replace truck drivers, taxi drivers, delivery drivers, etc. Tesla's Optimus robot will start taking over factory jobs and other repetitive tasks. There's speculation Telsa already has them working on their factory floor right now. So we'll see how it all plays out pretty soon. I think in the short to medium term CBDC is quite likely to be introduced in many countries. I'm not personally a fan at all though.
And, more specifically, precious metal prices are set by global supply and demand. Yes, you can buy any currency with gold that the buyer deals in. If you go to your local coin shop, they may not have New Zealand Dollars or Indian Rupees, but the bank likely would. If you take the gold to another country you can exchange it for local currency easily.
Interestingly, gold jewelry wasn't just for show historically, it also meant your wealth was on your person at all times. If you were away from home when attackers invaded, you could flee with a good portion of your wealth on you already. That being said, today gold jewelry costs around 3X what the gold is actually worth, so it's a terrible store of wealth. Jewelry is cheaper, and therefore closer to the melt weight in countries like India and stuff, so if you want it for that purpose buy it in a place like that. I guess if you were a US citizen traveling outside the US and the USD collapsed suddenly and without warning you would have something on you to get a hotel and food and stuff for a little bit, and maybe a plane ride home.
Thomas > You are only looking at the Yankee picture alone & not seeing the wider GLOBAL picture. Open up your eyes to see the entire GLOBAL BIG PICTURE. It is much different than just the view within the USA alone. Cheerio.
Currency is just a mutual agreement. One of the nation's value can be observed by its stability, and how it treats its own people. The greater the inequality the more unstable if becomes, simply because no one enjoys being a victim and a scapegoat for someone else.
The best case scenario is a nation made up of people that believe in it, and pull together.
Life isn't all about currency, but of collective will of its nation. More simply; life is meant to be lived with feet on the ground, instead of juggling abstract concepts of power and money.
Life could be much much simpler if we did away with the bullshit, and learnt to live well (not in excess as the elites did, but sensibly, sustainably, and joyfully. It's not a fluffy dream if we want it, and we learn to stop pretending that anything anything more valuable than first and foremost meeting the basic needs of all. We really have it all backwards, worshipping and wasting energy on things that doesn't sustain us)
Good luck to you all. I'm a nobody, I don't have the power to change the course of this sinking ship of humanity, but it does feel rather silly to witness nonsense take place with so much effort and misplaced sophistication.
PROTOCOLS OF THE MEETINGS OF THE LEARNED ELDERS OF ZION . . . Protocols of Zion: Protocol II – Economic Wars
❝The administrators, whom we shall choose from among the public, with strict regard to their capacities for servile obedience, will not be persons trained in the arts of government, and will therefore easily become pawns in our game in the hands of men of learning and genius who will be their advisers, specialists bred and reared from early childhood to rule the affairs of the whole world.❞
https://cwspangle.substack.com/p/protocols-of-zion-protocol-ii-economic
Precious metals are a way to hedge against value loss in your other assets, but much of the talk about the end of the dollar sounds like children describing what they would do if they could fly. US debt is approaching $30 trillion. That is about one of every six dollars worth of currency on the planet. If the USD sinks, it will drag the other monetary systems with it. I have almost $20K of gold on hand. How long could I live off of it, even if I could prevent its theft? There aren't many countries that are self-sufficient with food and energy. Canada, the US and Mexico will be "squating in tall cotton" while the rest of the globalized system collapses. I can't do anything about it so I refuse to let it freak me out.
Agreed and my point is what standard does your $20K measure by? If the Chinese yuan becomes the currency, how much is it worth then, and do people really think they will have a fair shake when ‘cashing it in’ at a bank? They might say comrade you got too much…
You said it right, how to prevent theft…
The Russians sold a bunch of commodities to the Chinese after the sanctions got put on them. And they discovered that even the Chinese didn't want to take Yuan back. The "strength" of the yuan is mostly like everything else Chinese: illusory, but with the truth available to anyone who searches diligently.
Protocols of the Meetings of the Learned Elders of Zion . . . Protocol No. 21 – Loans and Credit
❝ When the comedy is played out there emerges the fact that a debit and an exceedingly burdensome debit has been created. For the payment of interest it becomes necessary to have recourse to new loans, which do not swallow up but only add to the capital debt. And when this credit is exhausted it becomes necessary by new taxes to cover, not the loan, BUT ONLY THE INTEREST ON IT. These taxes are a debit employed to cover a debit.❞
https://cwspangle.substack.com/p/protocol-no-21-loans-and-credit-student
65% of the American population are living paycheck to pay check. Obviously they won't be buying any gold. In fact, I'd venture to say that only people in the top 5% of Americans can afford to buy Gold. So why do you, and all sorts of other so called financial experts keeping droning on and on about buying Gold? And in addition to my criticism of your Gold buying advice....once the world goes to a Digital currency every single once of Gold as physical Gold or Paper Gold will have to be turned over to the tyrants. Frankly I'm not impressed with your lesson plan.
PROTOCOLS OF THE MEETINGS OF THE LEARNED ELDERS OF ZION . . . Protocol No. 20 – Financial Programme
❝To-day we shall touch upon the financial program, which I put off to the end of my report as being the most difficult, the crowning and the decisive point of our plans. Before entering upon it I will remind you that I have already spoken before by way of a hint when I said that the sum total of our actions is settled by the question of figures.❞
https://cwspangle.substack.com/p/protocols-of-zion-protocol-xx-financial
I don't live in the US but every western country and many others around the world would be affected by the USD collapsing. The currency where I live may very well be taken down with it. If there was a financial collapse, the first priority would be getting consumables - food, toothpaste, toilet paper, gas, etc. If you tried to pay for these with gold, you'd likely find the cost extraordinarily high. If I have extra food to sell and you have gold, I know which one of us is more desperate and who's getting the better deal. You're not going to starve to death clutching your gold, right? So before you buy gold, stockpile what you think you would need, as it is very cheap now compared to what it will be right after a collapse. It needs to carry you through to when a new, stable currency comes in to replace the old currency and the economy starts working again. It is possible to stock up to 20 years worth of food if you have the budget, the know-how, and the room.
I see gold and other PMs (precious metals) as a store of value that I can use in two different scenarios. One - as a store of wealth that I can trade for whatever new, stable currency eventually takes the place of the old currency. This can take years, and new currencies can fail a couple times before one finally sticks so sell PMs only as/when needed. New, supposedly stable currencies have lasted 20 years before collapsing themselves and being replaced by new new currencies.
The second scenario is if you need to leave your country. If you have physical gold, a kilo (2.2lbs) is worth over $64,000 USD currently. 4 of these little bars would be a quarter of a million USD right now, or the equivalent value of any other currency. That's enough to set you up nicely in a new country. So it's very packable wealth. Of course you can also keep your PMs in vaults in other countries so it's already there and secure, waiting for you (silver is another potentially good PM, but you wouldn't want to carry it - you'd need 80kg/176lbs of silver to equal the value of 1kg of gold - better to have that in a vault in a your back-up country of choice!).
PMs are only something I buy with "extra money". They're security, like a home security system, or home/car/life insurance. More important are stockpiling consumables, keeping my car in good running order, my house and appliances in good repair (so if there's a collapse of any kind, I don't need anything for a long time, as it may be hard to find a new washer/dryer, or roofing shingles, or spark plugs, or whatever), paying off debt (having lots of room on credit cards and lines of credit may come in handy - it's impossible to be approved for credit when your in a situation where you need it!), etc. I keep cash on hand (in case of the banking system going down temporarily or a run on the banks) as well as some in the bank for illness or injury that would prevent me from working for a while, or for other emergencies. So PMs are just a small part of a larger, overall strategy and only for two specific use cases.
PROTOCOLS OF THE MEETINGS OF THE LEARNED ELDERS OF ZION . . . Protocol No. 23 – Instilling Obedience
❝That the peoples may become accustomed to obedience it is necessary to inculcate lessons of humility and therefore to reduce the production of articles of luxury. By this we shall improve morals which have been debased by emulation in the sphere of luxury.❞
https://cwspangle.substack.com/p/protocol-no-23-instilling-obedience
Yes I do agree that the DE-DOLLARIZATION of the Yankee Greenback dollar as the world's single reserve currency has already begun. The Yankees shot themselves in the foot with extravagant totally unrepayable government deficits & most importantly IMO, by also using the dollar as a weapon against the Yankee enemy states. This alone totally disqualifies the Yankee currency from ever again holding GLOBAL SINGLE reserve currency status IMO. The Yankees will be forced to raise their own interest rates to defend their declining dollar in future but it just will not work IMO. Time will tell.
Not just Yankee, but Canada and other woke leadership lead countries are beyond the point of no return.
This all points towards a reset. A government controlled digital currency. Cashless in other words, with social credit ratings.
I agree.
PROTOCOLS OF THE MEETINGS OF THE LEARNED ELDERS OF ZION . . . Protocol No. 15 – Ruthless Suppression
❝Our absolutism will in all things be logically consecutive and therefore in each one of its decrees our supreme will be respected and unquestionably fulfilled: it will ignore all murmurs, all discontents of every kind and will destroy to the root every kind of manifestation of them in act by punishment of an exemplary character.❞
https://cwspangle.substack.com/p/protocols-of-zion-protocol-no-15
Great article. Agree de-dollarization is increasing at a faster pace. Now even France publicly stating they want to distance from the USA. Monetary reset coming. Gold is always the best bet in times of uncertainties.
PROTOCOLS OF THE MEETINGS OF THE LEARNED ELDERS OF ZION . . . Protocol No. 6 – Take-Over Technique (agriculture) . . .
❝We shall raise the rate of wages which, however, will not bring any advantage to the workers, for, at the same time, we shall produce a rise in prices of the first necessaries of life, alleging that it arises from the decline of agriculture and cattle-breeding: we shall further undermine artfully and deeply sources of production, by accustoming the workers to anarchy . . .❞
https://cwspangle.substack.com/p/protocol-no-6-take-over-technique
Agreed monetary reset is coming but it will be digital, so I’m afraid gold will be secondary.
To say that the decline of the dollar is the reason for the increased acquisition of gold by Central Banks is folly. This gives people a credible solution to the problem, and they who read and internalize it will cease to dig deeper. There is no doubt that a further consolidation is in effect, but the reason why is not quite so easy to come by. Funny that the record levels of acquisition began in 2019, but not at all is it coincidental. If one wades far enough out into the waters, the murkiness begins to fade, as the deeper waters tend to be less tumultuous and thereby more clear. The entire mission is the gold. The control and power exerted and overused in the process are just byproducts; the mission is the gold. So then you have to understand why. Why pursue the gold? From our very limited perspective, and from an absolute lack of understanding of our origins (which understanding has been deliberately kept from the general public, probably for good reason), we think it is the pursuit of wealth, power, and control. But there is something larger at play here. The elitists push for power and opulent wealth didn't begin with Mayer Amschel Rothschild. It didn't begin with the Romans, or the Egyptians. It began at the beginning, and was never about wealth; it was about the gold. But aren't these the same? Gold has no inherent value, but only the value that we ascribe to it. And why do we ascribe so much value to this shiny metal? Ask the Inca... The reason that they are pursuing it more intensely, and they are saying the quiet parts out loud now, is not because they think they have amassed enough to where nobody can touch them. It is because the time frame draws shorter and they have a deadline. By now anyone reading this should know that most of the corporate world has been consolidated into the hands of BlackRock and Vanguard. If you've dug a little deeper, you understand that BlackRock and Vanguard are Rothschild agents. So you begin to understand that the entire consumer-and-financial-related corporate world is consolidated into the hands of the Rothschilds. Now why is the question. Though the Rothschilds own this corporate world, there's somebody else who owns the governmental world. If you've dug deep enough you know they are actually synonymous because all governments are corporations. But, there are the consumer related corporations and then there are the government related corporations. To know who this other group is one only need to look as far as what group occupy is the vast majority of upper level cabinet positions in the United States. One group owns one and one group owns the other. There has always been, since the beginning of our recorded time, two warring factions. But then when you make the connection you understand that even though there are two groups, they are simply two factions of the same group, and that it is actually only one group that owns everything. But you have to go back far enough to find out who that group is. I leave this comment with this. John D Rockefeller was a Rothschild agent sent out in order to obtain control over America, basically. John D Rockefeller's Masonic Creed states, " they can never know what we've done. If they find out they will turn against us and there will be nothing that we can do to stop them.... we who from Heaven to Earth came..." Now, if you know, you know. But if you don't know, I urge you to look around, outside of Google obviously, and find out the significance of this claim, this label self-applied by John D Rockefeller, this, "we who from Heaven to Earth came." Before you dig however, make sure your relationship with the Creator is cemented, and that you truly know who he is. Because you won't like the answer that you find. But there is no reason to dislike it, because it simply is what it is. Sorelle, as always, thank you 🙏 Namaste.
Why is not there any new post recently?
why did u guys stop writing?
The newsletter is well-written and persuasive in conveying the intended message, although I do have a minor issue with the research that was conducted prior to its creation. Specifically, the term "vomitorium" does not refer to a place where wealthy Romans would regurgitate after overindulging in food and drink, but rather to the exits in Roman theaters. There is no evidence to suggest that Romans had dedicated rooms for vomiting as a display of their wealth. Nonetheless, the argument for investing in precious metals is compelling and it is advisable to diversify investments across multiple assets in the current economic climate.
Only problem I have with this gold buying is how do you sell it in the future? This article and others like it, are based on a stable transaction market. What is stopping the US from devaluing it or confiscating like in WW2? What is stopping the government from freezing your (gold) assets, like happened in Canada’s trucker protest and their bank accounts were frozen.
Gold won’t put food on the table…
When currencies collapse, there is always a new currency that eventually takes its place and order and stability are eventually restored. Until this happens, just hold your gold or other PMs. Don't use it during the in-between phase. I'm making another post where I talk about how I see gold in a larger strategy.
My question is still how do you ‘cash it in’ - and what standard defines the price of gold? Right now it is “worth” $2000 in USD, which means it is based on paper/fiat. Will banks take your gold in Euro or Rubles?
Gold is best thought of in terms of "what can I get for a given amount of gold". A house cost the same amount in gold in 2023 BCE as it does today. A month of food cost about the same amount of gold back then as it does today. And these will likely cost the same amount of gold in the future (unless AI and robots take over and make currency obsolete).
Fiat currencies fluctuate all over the place. For example, what cost you $1500 in 2020 likely will cost you $2000 today. But an oz of gold was worth $1500 in 2020 and $2000 today, so that oz of gold has the same value. If in 10 years the USD has collapsed and it costs $938,340,482,239 USD to buy what $2000 gets you today, then one oz of gold will likely be worth about $938,340,482,239 USD in 10 years, too. So having wealth stored in gold protects its value.
The value is also the same all over the world. Right now 1oz is worth $2000 USD or $275,000 Icelandic Krona (ISK), or $30 mil Indonesian Rupiah (IDR). Also, you can exchange $2000 USD for $275,000 ISK, or $30 mil IDR.
Given that gold has the same value everywhere and holds it's value over time, if you bought 100oz of gold today for $200,000 dollars, and in 10 years the USD collapsed to the point of being worthless and you fled the US to Iceland or Indonesia with a suitcase full of greenbacks you wouldn't get anything for it, but if you showed up with with your 100oz of gold you'd get about the same value you put in at the time you purchased it. Whatever $200,000 USD would have bought you in 2023, you can still buy in 2033 in Iceland or Indonesia with 100oz of gold.
To cash it in, you can take it to a bank or your local coin shop (LCS) or sell it to a reputable dealer online (I buy my PM online). Just completely and totally avoid gold smiths or pawn shops, as they'll give you the 'melt weight' of the gold, which is far below the value of a bar or coin from a reputable mint, which is probably what you'll be buying (if it's gold dust, or jewelry or anything other than coins/bars, then melt weight is what you'll get for it).
When you buy coins or bars, there is what is called the "premium" - this is the value added to the gold or other PM when turning it into the coin or bar. This process involves refining the PM to an exact purity, constantly verifying that purity, the whole stamping process, shipping, etc. So while 1oz of gold is $2007 USD, a 1oz American gold eagle coin goes for around $2,200 - $2,250. Larger coins and bars have less premium/oz, while smaller coins have more premium/oz. Government mints like the US Mint, Canadian Mint, Perth Mint, etc have higher premiums than private mints like Englehard, Sunshine, Scottsdale, PAMP, etc. Government mints stamp a value on the coins and bars (just $5 or something, it doesn't reflect the actual value), and are therefore considered currency and forging them carries all the penalties of forging currency, so are forged less and therefore trusted more, hence fetching the higher premium. Still, buy from reputable dealers to make sure you're not getting forgeries. That amazing deal on Ebay might be for a lead core with gold plating!
When you sell your coins and bars you'll get slightly less than what the current price is. Eg you might get $100 less than the current price for a 1oz gold coin. So the price would have had to have gone up by $100 since you bought it to break even. The difference between the buy and sell prices is called the "spread". Your goal is to find the lowest premium when buying, and the lowest spread when selling. The extra premium you paid for the smaller coin or the government mint coin vs the private mint coin, is usually carried over when you sell, but it's not always equal. There's often a smaller spread with private mints. Do your homework. Also, think about how you'll use your coins/bars. If you live in Canada, a Canadian Mint 1oz Gold Maple coin is going to be more trusted by a lay person than a 1oz South African Gold Krugerrand. So if you are preparing for a possible "end of the world as we know it" scenario, that might be the better way to go.
Hope that helps!
Great explanation Tru, appreciate that. As you mentioned, AI might have other thoughts, as in Digital currency…
If AI and robots take over basically every job, then there may simply be no monetary system at all. Hard to say. I can picture many different viable ways that could go. That process will start very soon. Within the next year or two. Chatobots are getting good enough they can replace any phone-based job (customer support, tech support, sales, reception), so I expect that to happen extremely soon. Self driving is probably two or three years away. The vehicles need to be built and that will take years to do, but those will be able to replace truck drivers, taxi drivers, delivery drivers, etc. Tesla's Optimus robot will start taking over factory jobs and other repetitive tasks. There's speculation Telsa already has them working on their factory floor right now. So we'll see how it all plays out pretty soon. I think in the short to medium term CBDC is quite likely to be introduced in many countries. I'm not personally a fan at all though.
Exactly
And, more specifically, precious metal prices are set by global supply and demand. Yes, you can buy any currency with gold that the buyer deals in. If you go to your local coin shop, they may not have New Zealand Dollars or Indian Rupees, but the bank likely would. If you take the gold to another country you can exchange it for local currency easily.
Interestingly, gold jewelry wasn't just for show historically, it also meant your wealth was on your person at all times. If you were away from home when attackers invaded, you could flee with a good portion of your wealth on you already. That being said, today gold jewelry costs around 3X what the gold is actually worth, so it's a terrible store of wealth. Jewelry is cheaper, and therefore closer to the melt weight in countries like India and stuff, so if you want it for that purpose buy it in a place like that. I guess if you were a US citizen traveling outside the US and the USD collapsed suddenly and without warning you would have something on you to get a hotel and food and stuff for a little bit, and maybe a plane ride home.
Thomas > You are only looking at the Yankee picture alone & not seeing the wider GLOBAL picture. Open up your eyes to see the entire GLOBAL BIG PICTURE. It is much different than just the view within the USA alone. Cheerio.
While true, when the US sniffles, the rest of the world catches a cold.
It will be a global digital reset, even the date will be reset. 2038.