In history, many “things” have been labeled money. Shells, tree bark, stones, plants, etc. But all of them lost their attractiveness and people turned back to gold and silver. Will the crypto currencies likewise eventually be shunned for something more 3 dimensional like the metals again? Time will tell.
Over the weekend I was talking about how it’s my belief that Bitcoin was launched as an alternative to gold and silver. But, it was launched by the globalist elites, not some hermit Japanese guy who wanted to save humanity.
I was talking about how since Bitcoin was released, it’s been marketed as the “true” anti-money and how it is so convenient, anonymous, and wonderful. And, it has worked. Gold and Silver have done absolutely nothing for years, while Bitcoin hits a new high every week. Bravo.
I am NOT going to dive into our fearless new year predictions yet. We’ve still got some time for that. But it is my opinion that 2018 is going to bring us all manner of interesting situations. None of them will be particularly stable. Just for an example, it is no secret that a major shake up has taken place in Saudi Arabia. It is also no secret that the Saud’s have been a lot more chummy with China and Russia.
The ONLY thing that keeps the dollar as the Global Reserve currency is the “petro-dollar” deal that was set up in the early 70’s, to where the US promised to keep the House of Saud in power, and at the same time support them militarily. In return the Saud’s agreed to only sell oil in dollars.
Thus, if you’re the Joe-Blow country and you need oil, you first have to exchange Joe-Blow money for dollars and then use the dollars to buy the oil. This arrangement has kept a constant global demand for dollars for over 40 years. But, it’s creaking and groaning. The Saud’s know that their nation is deeply indebted, they know that American Shale players and Frackers have created competition and they know that China’s reserves are going to be completely depleted by the end of 2018. Consider this:
A new scientific study led by the China University of Petroleum in Beijing, funded by the Chinese government, concludes that China is about to experience a peak in its total oil production as early as next year.
Without finding an alternative source of “new abundant energy resources”, the study warns, the 2018 peak in China’s combined conventional and unconventional oil will undermine continuing economic growth and “challenge the sustainable development of Chinese society.”
This also has major implications for th...
So it is extremely unlikely that this purge will be the end of this particularly turbulent chapter in the history of the House of Saud. It may just be the beginning.
...it's unlikely we're going to get a single bombshell on the Kennedy case from these documents, but there still may be nuggets worth digging up here, new ways of gaining perspective on deep state events that could serve as a spark for a future generation of would-be researchers.
The greatest trick the banksters and their corporate cronies have ever pulled is to convince you that you are weak and powerless without their governmental puppets and regulatory lapdogs to (pretend to) protect you. That is a lie. The people have always held that power in their own hands. It is only a question of whether they are aware of that power and willing to flex some muscles in order to wield it.
...unlike so many of the more shallow environmentalists, I completely understand the absolute RAPING of nature that digging for all these minerals is causing. Folks, they don’t show this stuff much, but the mining operations going on around the globe in the hunt for these exotic minerals is destroying a lot of property.
... already it seems clear that President Xi is indeed tightening his grip on control of the Party (and thus the country), and that Xi is continuing with his vision of making China into a world superpower in the coming decades.
Carbon taxes and carbon trading have proven to be a hard sell for an increasingly wary public, but with the Paris Agreement of 2015 the world saw the biggest step yet toward this technocratic future of energy control and carbon rationing. No surprise, then, that the summit itself was sponsored by and prominently supported by big oil...
This is supposedly “not a gun guy” and yet ONLY a gun guy would know what they are, where to get one and how to install it. Something stinks with this.
...the blockchain can be used to create digital currencies that represent the very vision of a totalitarian tyrant’s wildest wet dream.
The bottom line is this folks. In areas where they can grow sawgrass and sugar cane, the “price” about equals out, but there’s a bigger carbon print. In areas where we’re using corn, the math does NOT work.
...suffering through the Great Depression, the American people were willing to listen to any ideas to replace the current system that had so obviously failed them, no matter how outlandish. Technocracy, Inc. did attract a following, swelling into the tens of thousands later in the decade.
The question is, what is the answer? Is the US ever going to be comfy with a nuclear North? Nope. Yet they too know that if we go in, it’s going to be uglier than most imagine.
...if the day ever comes when government can't even repay the interest on the National Debt, the illusion of solvency will disappear and the economy will collapse into calamity.
The biggest news to emerge during the summit was not directly part of the summit at all, but in some way is a reflection of the topsy-turvy period of global geo-economic reorientation we are living through.
I’m really hopeful that by the time you are reading this, the picture has changed, Irma’s been steered hard right, back into the Atlantic and we dodged this bullet.