Are you ashamed? I am.

In spite of what MSM says about gold here's the real reason for its fall

First what MSM says, Bloomberg then CNN.

Now the complete story...3 margin hikes over the last 2 weeks.

An observation

"Most people lead lives of quiet desperation. The rest of us are vocal about it." --jomama

The Great Reset won't just transform government, it will transform the economy and culture.

Although it will be marketed as a great tragedy by those losing power and profits, the end of Savior State moral hazard will not be a tragedy, it will simply be a return to reality. Those exposed to risk behave differently than those insulated from risk. That is neither "good" nor "bad," it is an observation any of us can make.

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Wired wrong.

Yes, the entire planet.

Literally, as our motors consume energy instead of produce energy ...and metaphorically because we tolerate force-based institutions for solutions to human problems.

Welcome to The Planet of the Apes.

Think about it.

You didn't know, did you...

Seventh Trip, or Netzach (the SNAFU Principle)
"The most thoroughly and relentlessly Damned, banned, excluded, condemned, forbidden, ostracized, ignore, suppressed, repressed, robbed, brutalized and defamed of all Damned Things is the individual human being. The social engineers, statistician, psychologist, sociologists, market researchers, landlords, bureaucrats, captains of industry, bankers, governors, commissars, kings and presidents are perpetually forcing this Damned Thing into carefully prepared blueprints and perpetually irritated that the Damned Thing will not fit into the slot assigned it. The theologians call it a sinner and try to reform it. The governor calls it a criminal and tries to punish it. the psychologist calls it a neurotic and tries to cure it. Still, the Damned Thing will not fit into their slots.

See the rest...

Surprise, surprise...

One of my favorite stories about the Cold War concerns a group of Russian journalists who were touring the United States. On the final day of their visit, they were asked by the host for their impressions. "I have to tell you," said the spokesman, "that we were astonished to find after reading all the newspapers and watching TV day after day that all the opinions on all the vital issues are the same. To get that result in our country we send journalists to the gulag. We even tear out their fingernails. Here you don't have to do any of that. What is the secret?"

Read.

About those clowns...

I'm sorry, but I don't see anyway out of this. With fraud absolutely everywhere in our banking system, like some advanced metastatic cancer, financial metabolism comes to a sickening stop. Nobody can buy or sell property. Nobody can trust any American financial institution. Money can't circulate. Nobody will be able to get any money. It won't be long before that translates into nobody getting any food. We may be a nation of clowns, but as Lon Chaney famously observed a while ago - when explaining his technique of horror movie-making - "...there's nothing funny about a clown in the moonlight...."

See it all...

The Final Curtain

Politics

"We must understand all of politics - no matter
in what nation it is practiced - as a system that
wars against the very nature of life. Politics
cannot be eliminated by force - for to do so
would only imply an even mightier amassing of
power than what is in place. Neither can it be
reformed, the effort to do so being as absurd as
trying to practice a peaceful form of warfare, or
a humane system of tyranny. It can only be
transcended, a process that can only begin by
each of us ending the divisions and fears that
our political masters have carefully conditioned
us to accept. When we discover peace and order
within ourselves, we shall then withdraw our
energies from the sanctified hostilities and
confusion that are destroying life."  --Butler
Shaffer

Help, Oh Help...

So once age and realism have eroded any expectation of adulthood or good sense, you realize that there is no hope. The limbic urges that power Washington are exactly those that you would find up some forgotten holler in West Virginia, at Jimbo’s Pool Hall and Rib Pit.

Damn, what a wordsmith!

Highly recommended

World Collapse Explained in 3 Minutes

The Economic Propaganda Machine

Greek Scramble For Physical Brings Gold Price To $1,700 Per Ounce

Coinupdate.com reports that prices at which the Greek Central Bank is selling one ounce gold equivalents are as high as $1,700 (40% over spot), and prices on the black markets are even higher. The punchline, as Athens slowly returns to a forced gold standard: " A popular spot for street vendors to sell their coins is near the Athens Stock Exchange.  There the traders wait for citizens to bring payments received from unloading their paper assets like stocks and bonds." That's good - downtown Manhattan close to the NYSE has some free space for gold vendors to set up shop as well, they just need to push some of the frontrunning/collocation boxes off to the side. And in other rhetorical ruminations, is it safe to say that the last days of the fiat experiment are among us now that people themselves are bypassing the government and enforcing their own gold standard?

Bet on it.

Highly recommended.