You say we do not have a choice and will be forced into this new CBDC scam. Are you aware that Tennessee has passed bills negating CBDC as money? So has several other states. Take a look at TN-SB2219. TN and many other states have passed bills into laws protecting gold and silver as money, untaxable and not subject to capital gains tax.
The bill prohibits de-banking “based upon the use of a social credit score or other factors.” Factors listed in the bill’s summary include political or religious beliefs, opinions, or speech; lawful firearm ownership; engagement in lawful business related to firearms or ammunition; “engagement in the exploration, production, utilization, transportation, sale, or manufacture of fossil fuel-based energy, timber, mining, or agriculture”; and more.
This legislation is a significant step toward safeguarding individuals’ rights, as it prevents the largest banks in the country from arbitrarily closing customer accounts solely due to their political or religious beliefs.
The majority of the US population lives off bank credit. The majority of the population also use bank credit for basic necessities such as; food, shelter, energy and medical.
So the populace no longer lives off wages or salary because the currency is worthless. USD has devalued by 98% as publicly admitted by the Federal Reserve Education Board. That means the real number is worse and purchasing power is negative. Why? The Fed are liars and would never tell the truth. They have a vested interest in lying. Therefore, public numbers are usually gross understatements and we can assume much worse.
America has already collapsed; People just have figured it out yet.
Purchasing power is the only thing that matters. If your purchasing power is negative (i.e. worthless) everything els is irrelevant. You've already collapsed because your currency is no longer viable for living or surviving.
This is already happening as food banks across america are running out of food and have more demand than they ever had since the depression of 1929.
Homelessness is breaking all time records as well.
The collapse isn't coming. Its already here.
"Anyway, us cow folk jus take it as it come." -Fallout TV show series (a must watch btw).
I guess no one mentioned the part in mike maloneys video where it clearly states your purchasing power would be the same if the 20,000 revaluation was done so you would not be getting rich , the only people that would see the benefit are ones outside of the usa . I think alot get their pantys in a wad over headlines and dont look at the actual content.
Since the gold & especially silver markets are so small, and there is a structural deficit of actual metal, especially in silver, it will be very easy for this to turn into a mania, in which case purchasing power would increase dramatically.
Will you please comment on this analyst's viewpoint where he believes the dollar is going to go way up and that they'll destroy the value of gold by destroying the paper gold market. Do we need to worry about gold, silver & commodities collapsing in price?
"Foreign national debt is Dollar denominated. The U.S. is creating a Dollar shortage so nations are forced to sell U.S. treasuries below face value for Dollars (Total face value $27 Trillion). If nations don't obtain Dollars they will default on their debt."
"If everyone is selling U.S. Treasuries at fire sale prices, the U.S. will simply buy up all of its own debt with the skyrocketing Dollar."
"You can't default on your debt if you own most of it, thus resetting the cycle of U.S. debt being the most stable & valuable in the world."
I cannot disagree. But so far I have;'t seen the proof. I am a "show me the beef" kind of guy. Where is the beef. A secret like this is hard to keep hidden.
I know, Greg. I have taken your advice and bought silver. I have gone to a credit union. Yet, I see nothing either through my news sources or on the net showing the banks are teetering. I agree with everything you're saying. I just want to know more of where you're seeing it. It could be a good thing to talk about at 4pm. BTW, man are you fast coming off the line. I never had reflexed like yours. You must have a gift from God. Where did you race as a kid?
Presumably because they don't hold large derivatives books, and don't engage in gambling your money away. Basically, they're a little more accountable to its depositors, so one can only hope that the money is actually there...
Now there is some proof!!! Thank you , thank you, thank you! I know. we were insolvent. Anyone who has watched spending and has a little knowledge of economics could see it. This is the first time I have seen a report about it. I cannot thank you enough.
It's all a shell game. Below are charts you can look up on the St Louis Fed site to see the different "tools" the shitheads at The Fed have been using.
What about BOA causes you to think that they are in trouble? If you are going to make an accusation like that, perhaps some back up deal would be good?
We have been long time listeners to you update Blogs and respect your input.
[When people gripe about paying taxes and the government being a poor the absolute worst possible capital allocation, this is what they are talking about: $7.5 billion in investments for electric vehicles has - in two years - produced just 7 charging stations across four states.
The Bipartisan Infrastructure Law, signed by Biden in November 2021, allocated $7.5 billion for EV charging, the Washington Post writes. Of this amount, $5 billion went to states as "formula funding" for the National Electric Vehicle Infrastructure program to establish a network of fast chargers along major highways.
Today, there's seven chargers with a total of just 38 parking spots. And, come on: when the Post is calling it out, you know the results have been horrible. ]
And remember the idiots they listened to help shape policy.
Bill Gates funds $26.5 million livestock vaccine to stop cows from farting
Scientists say that methane has a significantly stronger ability to trap atmospheric heat than carbon dioxide.
At this stage in the game anyone who claims to know what is going to happen is full of BS . EXPECT ANYTHING at any day and time.
The people who know ain’t talking
... if the 4th Estate can't talk - then the people can't think.
Exactly. You don't want to be anywhere near the chaos at the banks when the plug gets pulled.
"Better to trade a player a year too early rather than a year too late." - ex MLB GM Branch Rickey
Greg,
You say we do not have a choice and will be forced into this new CBDC scam. Are you aware that Tennessee has passed bills negating CBDC as money? So has several other states. Take a look at TN-SB2219. TN and many other states have passed bills into laws protecting gold and silver as money, untaxable and not subject to capital gains tax.
https://home.solari.com/hero-of-the-week-may-13-2024-tennessee-senator-jack-johnson-and-representative-jason-zachary/
The bill prohibits de-banking “based upon the use of a social credit score or other factors.” Factors listed in the bill’s summary include political or religious beliefs, opinions, or speech; lawful firearm ownership; engagement in lawful business related to firearms or ammunition; “engagement in the exploration, production, utilization, transportation, sale, or manufacture of fossil fuel-based energy, timber, mining, or agriculture”; and more.
This legislation is a significant step toward safeguarding individuals’ rights, as it prevents the largest banks in the country from arbitrarily closing customer accounts solely due to their political or religious beliefs.
Yep. But wait... there's more.....
Oh, yeah, I think I saw that for Nebraska too
Yeah we got a choice sheeple are wolves
But a large number of armed citizens will.
Maybe. Read the bills that have passed. States are aware and taking steps to protect their own power.
DATA: America Already Died
Recession Since 2008; Depression Since 2020
Substack Read:
what's the DILL?
https://open.substack.com/pub/blackboxpolitics/p/data-america-already-dead?r=99p96&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true
The majority of the US population lives off bank credit. The majority of the population also use bank credit for basic necessities such as; food, shelter, energy and medical.
So the populace no longer lives off wages or salary because the currency is worthless. USD has devalued by 98% as publicly admitted by the Federal Reserve Education Board. That means the real number is worse and purchasing power is negative. Why? The Fed are liars and would never tell the truth. They have a vested interest in lying. Therefore, public numbers are usually gross understatements and we can assume much worse.
America has already collapsed; People just have figured it out yet.
Purchasing power is the only thing that matters. If your purchasing power is negative (i.e. worthless) everything els is irrelevant. You've already collapsed because your currency is no longer viable for living or surviving.
This is already happening as food banks across america are running out of food and have more demand than they ever had since the depression of 1929.
Homelessness is breaking all time records as well.
The collapse isn't coming. Its already here.
"Anyway, us cow folk jus take it as it come." -Fallout TV show series (a must watch btw).
-Dillon Critique
Counting the dead and counting votes depends on who’s doing the counting UN says not right count in Gaza
I guess no one mentioned the part in mike maloneys video where it clearly states your purchasing power would be the same if the 20,000 revaluation was done so you would not be getting rich , the only people that would see the benefit are ones outside of the usa . I think alot get their pantys in a wad over headlines and dont look at the actual content.
The relative value of gold never changes.
It's the value of everything else around it that changes.
Since the gold & especially silver markets are so small, and there is a structural deficit of actual metal, especially in silver, it will be very easy for this to turn into a mania, in which case purchasing power would increase dramatically.
... and don't make yourself a map where you buried it.
Babylon is falling down 👇 😃
Eeeeeeeheheheheheheheeeer!
🤣🤣🤣🤗😂🤣😂🤣😂🥳🤪🥳😍💯🤠😁😃
Stop quoting the Bible
Greg,
Will you please comment on this analyst's viewpoint where he believes the dollar is going to go way up and that they'll destroy the value of gold by destroying the paper gold market. Do we need to worry about gold, silver & commodities collapsing in price?
"Foreign national debt is Dollar denominated. The U.S. is creating a Dollar shortage so nations are forced to sell U.S. treasuries below face value for Dollars (Total face value $27 Trillion). If nations don't obtain Dollars they will default on their debt."
"If everyone is selling U.S. Treasuries at fire sale prices, the U.S. will simply buy up all of its own debt with the skyrocketing Dollar."
"You can't default on your debt if you own most of it, thus resetting the cycle of U.S. debt being the most stable & valuable in the world."
Steps:
1) Credit downgrade so nations dump US treasuries
2) Rapidly raise rates
3) Restrict swap lines causing Dollar shortage
4) Stage "incident"
5) Dollar skyrockets
6) Panic spreads to financial system
7) Nations collapse
7) Print trillions & buy your cheap debt
8) Great Reset
Source:
https://twitter.com/FinanceLancelot/status/1758453670604046569
ALL the banks are now considered too big to fail. Look to Republic Bank as an example.
I cannot disagree. But so far I have;'t seen the proof. I am a "show me the beef" kind of guy. Where is the beef. A secret like this is hard to keep hidden.
We called out the issues with the smaller banks before anyone else, and the issues with them has only worsened.
I know, Greg. I have taken your advice and bought silver. I have gone to a credit union. Yet, I see nothing either through my news sources or on the net showing the banks are teetering. I agree with everything you're saying. I just want to know more of where you're seeing it. It could be a good thing to talk about at 4pm. BTW, man are you fast coming off the line. I never had reflexed like yours. You must have a gift from God. Where did you race as a kid?
I use a credit union, the highest rated in my town.
Why will credit unions fare better than regional banks?
Presumably because they don't hold large derivatives books, and don't engage in gambling your money away. Basically, they're a little more accountable to its depositors, so one can only hope that the money is actually there...
Good point - my credit union is very strict when making loans.
Go to Chart 8.
https://www.fdic.gov/analysis/quarterly-banking-profile/qbp/2023dec/qbp.pdf
The whole damn thing is INSOLVENT and has been for quite some time.
Looks like my stock portfolio :P
Now there is some proof!!! Thank you , thank you, thank you! I know. we were insolvent. Anyone who has watched spending and has a little knowledge of economics could see it. This is the first time I have seen a report about it. I cannot thank you enough.
John Titus aka BestEvidence on YouTube has series of in depth videos going back several years.
https://www.youtube.com/@BestEvidence/videos
It's all a shell game. Below are charts you can look up on the St Louis Fed site to see the different "tools" the shitheads at The Fed have been using.
Overnight repurchase agreements (Repo-RPONTSYD), Overnight REVERSE repurchase agreements (Reverse Repo-RRPONTSYD), FHLB, BTFP, Primary Credit (Fed Discount Window-WLCFLPCL), Other credit extensions (WLCFOCEL)
Mario Innecco (maneco64) is another good source as well.
Yes, I listen to both John Titus and Mario
Thank you for the information.
Yeah the people perish for lack of knowledge
Please read my substance page. Thomas Plesser. Read my suggestions on Trumps first 100 days.
What about BOA causes you to think that they are in trouble? If you are going to make an accusation like that, perhaps some back up deal would be good?
We have been long time listeners to you update Blogs and respect your input.
Best regards
2 X Gold to Dow ratio in a currency crisis
Greg,
Will you play your guitar while America burns? I will.
The other elephant in the room, the bank derivatives….
https://www.usbanklocations.com/bank-rank/derivatives.html
Remember where they spent your tax dollars when it collapses.
Your Tax Dollars At Work: In Two Years, $7.5 Billion Has Produced Just 7 EV Charging Stations
https://www.zerohedge.com/markets/your-tax-dollars-work-75-billion-has-produced-just-7-charging-stations-across-four-states
Excerpt below from full article above.
[When people gripe about paying taxes and the government being a poor the absolute worst possible capital allocation, this is what they are talking about: $7.5 billion in investments for electric vehicles has - in two years - produced just 7 charging stations across four states.
The Bipartisan Infrastructure Law, signed by Biden in November 2021, allocated $7.5 billion for EV charging, the Washington Post writes. Of this amount, $5 billion went to states as "formula funding" for the National Electric Vehicle Infrastructure program to establish a network of fast chargers along major highways.
Today, there's seven chargers with a total of just 38 parking spots. And, come on: when the Post is calling it out, you know the results have been horrible. ]
And remember the idiots they listened to help shape policy.
Bill Gates funds $26.5 million livestock vaccine to stop cows from farting
Scientists say that methane has a significantly stronger ability to trap atmospheric heat than carbon dioxide.
https://thepostmillennial.com/bill-gates-funds-26-5-million-livestock-vaccine-to-stop-cows-from-farting#google_vignette
12 years of O’Biden policies destroying US Dollar, setting the stage for a huge amount of bank failures. What happens when it all crashes down?
Huge Financial Shock Inevitable & Hitting Now – Ed Dowd
https://usawatchdog.com/huge-financial-shock-inevitable-hitting-now-ed-dowd/