Matt, Trump has a mandate from the deep-state and their central banks to first and foremost save the central banks as they are imploding. What you were reading is a road map. The helter-skelter is to keep the neocons, dems, rinos, and the EU (who are the captors) at bay while they negotiate the USA out of this banking mess. The gold and digital currency are just the fruits of our slavery as trump turns on his public in order to make their plan work.
I enjoyed this podcast and the recent podcast with Mike where you graciously offered a $500 donation.
Here is something I posted today...
-===-
The continual parsing of the Bessent Gambit for reval and saving
U$$A takes my imagination to what it must have been like listening to a Medieval Monastery
re: "How Many Angels can fit on the head of a Pin?"
I found this on VBL...
All this supposedly, fiscally responsible talk about utilizing a gold revaluation to current FMV ($3,000/oz?) or any other levels is, sadly, doomed to failure.
While an Austrian step in the right direction, a target price of $3,000 (signifying potential proceeds of $800 billion) is infinitesimally small when compared to the outstanding U.S. Treasury debt of $36 trillion, which is growing logarithmically.
Similarly, interest on the debt approached $1.2 trillion last fiscal year and is currently running exponentially higher.
Against this veritable tsunami of debt/interest payments, a meager 2.2% reduction of current outstanding debt ($800 billion/$36 trillion), as well as a similar 3.3% reduction in interest payments ($800 billion (x) 5% = $40 billion/$1.2 trillion) - are both equally insignificant and truly performative.
And that doesn't include future contingent liabilities, nor the quadrillions of derivatives that the system is on the hook for. As they say: all noise no signal/all hat no cattle/a veritable "pissing in the wind".
To be significant, a MINIMUM 60% debt reduction down to a still staggering level of $14 trillion might be a reasonable starting point- correlating to a gold price revaluation approximating $84,000/oz (which the powers that be will never consider, let alone pursue).
Sadly, I believe we are doomed to a near-term collapse and all that that signifies.
As such, forget about rescuing the current disaster of an economy, it's too far gone for that - best to sit back, pass the popcorn, and enjoy the show!
===
As I reread the VBL comment I am stuck at the reval price of $84,000 and thinking the Chinese and other holders of real money would be wildly greater beneficiaries than U$$A.
I didn't just offer $500 to Mike. I sent it to him. I hope others did as well.
I follow VBL. Mark to market gold won't solve the problem. But, it is what I think they'll do. And they have a lot more planned than just this. Will it work? I don't know.
As they say: all noise no signal/all hat no cattle/a veritable "pissing in the wind".
To be significant, a MINIMUM 60% debt reduction down to a still staggering level of $14 trillion might be a reasonable starting point- correlating to a gold price revaluation approximating $84,000/oz (which the powers that be will never consider, let alone pursue).
Sadly, I believe we are doomed to a near-term collapse and all that that signifies.
As such, forget about rescuing the current disaster of an economy, it's too far gone for that - best to sit back, pass the popcorn, and enjoy the show!
===
Now, as I reread the VBL comment, I am stuck at the reval price of $84,000 and thinking the Chinese and other holders of real money would be wildly greater beneficiaries than U$$A.
Also...before gold even made it to $2000, James Sinclair was on record saying that once China, Russia, India and others had enough gold, it will be re-priced at $50k an ounce - resolving the international debt problems.
Should be a wild and painful ride. Most people unfortunately have no clue and will be unprepared. We never seem to learn... Thanks for the show and your perspectives!
Can Trump pull this off? He is going to have to get rid of the unions, and stop the purse to other countries. The neocons and the crazy lefties want war. They have still not figured out why they lost. Good interview!
Matt, Trump has a mandate from the deep-state and their central banks to first and foremost save the central banks as they are imploding. What you were reading is a road map. The helter-skelter is to keep the neocons, dems, rinos, and the EU (who are the captors) at bay while they negotiate the USA out of this banking mess. The gold and digital currency are just the fruits of our slavery as trump turns on his public in order to make their plan work.
Great Work Lads!!! 👌
Matt,
I enjoyed this podcast and the recent podcast with Mike where you graciously offered a $500 donation.
Here is something I posted today...
-===-
The continual parsing of the Bessent Gambit for reval and saving
U$$A takes my imagination to what it must have been like listening to a Medieval Monastery
re: "How Many Angels can fit on the head of a Pin?"
I found this on VBL...
All this supposedly, fiscally responsible talk about utilizing a gold revaluation to current FMV ($3,000/oz?) or any other levels is, sadly, doomed to failure.
While an Austrian step in the right direction, a target price of $3,000 (signifying potential proceeds of $800 billion) is infinitesimally small when compared to the outstanding U.S. Treasury debt of $36 trillion, which is growing logarithmically.
Similarly, interest on the debt approached $1.2 trillion last fiscal year and is currently running exponentially higher.
Against this veritable tsunami of debt/interest payments, a meager 2.2% reduction of current outstanding debt ($800 billion/$36 trillion), as well as a similar 3.3% reduction in interest payments ($800 billion (x) 5% = $40 billion/$1.2 trillion) - are both equally insignificant and truly performative.
And that doesn't include future contingent liabilities, nor the quadrillions of derivatives that the system is on the hook for. As they say: all noise no signal/all hat no cattle/a veritable "pissing in the wind".
To be significant, a MINIMUM 60% debt reduction down to a still staggering level of $14 trillion might be a reasonable starting point- correlating to a gold price revaluation approximating $84,000/oz (which the powers that be will never consider, let alone pursue).
Sadly, I believe we are doomed to a near-term collapse and all that that signifies.
As such, forget about rescuing the current disaster of an economy, it's too far gone for that - best to sit back, pass the popcorn, and enjoy the show!
===
As I reread the VBL comment I am stuck at the reval price of $84,000 and thinking the Chinese and other holders of real money would be wildly greater beneficiaries than U$$A.
I didn't just offer $500 to Mike. I sent it to him. I hope others did as well.
I follow VBL. Mark to market gold won't solve the problem. But, it is what I think they'll do. And they have a lot more planned than just this. Will it work? I don't know.
cont:
As they say: all noise no signal/all hat no cattle/a veritable "pissing in the wind".
To be significant, a MINIMUM 60% debt reduction down to a still staggering level of $14 trillion might be a reasonable starting point- correlating to a gold price revaluation approximating $84,000/oz (which the powers that be will never consider, let alone pursue).
Sadly, I believe we are doomed to a near-term collapse and all that that signifies.
As such, forget about rescuing the current disaster of an economy, it's too far gone for that - best to sit back, pass the popcorn, and enjoy the show!
===
Now, as I reread the VBL comment, I am stuck at the reval price of $84,000 and thinking the Chinese and other holders of real money would be wildly greater beneficiaries than U$$A.
Also...before gold even made it to $2000, James Sinclair was on record saying that once China, Russia, India and others had enough gold, it will be re-priced at $50k an ounce - resolving the international debt problems.
Should be a wild and painful ride. Most people unfortunately have no clue and will be unprepared. We never seem to learn... Thanks for the show and your perspectives!
Can Trump pull this off? He is going to have to get rid of the unions, and stop the purse to other countries. The neocons and the crazy lefties want war. They have still not figured out why they lost. Good interview!
Unions ok.
The FDR era laws granting unions Mafia-like legal protections must be ended.
That can come later.
Very enjoyable interview.