Nothing gives off a better first impression than being in shape.
Immediately, the person you’re having a conversion with knows you’re willing to work hard for something.
Ex-CIA officer John Stockwell explains how the CIA manipulates public opinion through the press.
Many in the legacy corporate media work for the govt as paid assets. 400+ journalists working with the CIA.
This is an older video. How many govt agents are now currently working at social media companies?
🔊
Men want sex.
Women want attention.
This is why porn ruins men & social media ruins women.
These technologies satisfy our primal urges but don’t satisfy our souls.
“Crypto bros ... made over a trillion dollars out of thin air,” U.S. Rep. Brad Sherman has said at a House hearing.
“They’ll accuse the U.S. government of making money out of thin air. Maybe we do, but we’re the U.S. government.”
Time is on the Side of Gold
Since 1700, around 750 currencies have been introduced, but only 20% exist today, all significantly devalued.
Looking back to 1850, for instance, the major currencies around then look drastically different from today.
Despite the existence of the dollar, pound, and Swiss franc at that time, many of the major currencies of that era no longer exist.
· French Franc
· Dutch Guilder
· Austro-Hungarian gulden
· Prussian Thaler
· Ottoman Lira
All gone to name a few.
While some people may question or even ridicule the emergence of central bank digital currencies, this development is indeed the next step in the evolution of the monetary system.
The most pressing question is whether some of these digital currencies will be backed by tangible assets.
We have already witnessed initiatives by countries globally to re-establish gold as a medium of exchange and unit of account, complementing its well-regarded role as a reliable store of value.
Such as:
1. Ghana is buying oil with gold instead of U.S. dollars
2. Russia and Iran are working on a new stablecoin backed by gold to compete with the dollar
3. Last April we learned that Vladimir Putin is discussing the idea of pegging the rouble to gold and other goods.
4. It is reported that BRICS is considering backing its new currency with gold and other valuable commodities, including rare-earth metals. Over 30 countries, many of which are notable commodity powerhouses, have expressed interest in joining BRICS.
5. Zimbabwe's has recently introduced a new gold-backed digital currency
Currently, numerous emerging markets are grappling with a debt crisis. As of early May, the debt of 18 developing nations had reached distressed levels.
The total debt in these emerging markets has surged to a record high of over $100 trillion, representing about 250% of GDP. This is a significant increase from $75 trillion recorded in 2019.
As this is playing out in emerging markets, the United States is going through a circus in Washington as we have all been watching the debt ceiling drama play out.
Last week, @RayDalio suggested that he doesn't foresee lawmakers allowing the United States to default.
However, he expressed concern that they will still fail to produce a viable long-term resolution for the debt situation, which could eventually result in a disastrous financial collapse.
Today, @Frank_Giustra said that servicing costs on the United States debt is unsustainable and said inflation is here to stay unless we see a restructuring of the monetary system.
As the shadow of a $305 trillion global debt looms larger and the trend of de-dollarization accelerates, central banks, the very issuers of fiat currency, are stocking gold aggressively.
Ask yourself why.
With zero counterparty-risk, gold serves as the bedrock of stability for many central banks around the world.
Gold would need a daily close below 1925$ to create a reversal column (new column of O).
Remember, point and figure charts reduce "time" noise as only new columns are added once price reverses 3x the box size.
You end up doing TA on a much clearer "price" chart.
#gold#silver
$SPX Looking for 3,800-3,850 on the SPX within the next 1-2 months or sooner as a false breakdown to test the trendline support and lull bears in before a bounce back to the upper range at 4,200...
PS: I'm just guessing.