Elon can’t dance because he has 2 left feet.
Me either. I try to explain it to family and friends and it goes in one ear and out the other. It always seems to make them change and subject.
For decades, central banks have wielded paper derivatives contracts to suppress the price of gold, a practice that traces back to the Clinton era. At the time, gold had surged to nearly $1,900 per ounce, signaling inflationary pressures on the horizon and offering investors a refuge from currency debasement. Clinton, wary of destabilizing the bond market, set the stage for this manipulation. Today, estimates suggest there are 100 to 300 paper claims for every ounce of physical gold in existence—a precarious imbalance. If investors demand delivery, bullion dealers won’t have enough to fulfill orders. The result? A squeeze on physical gold that could propel its price tenfold or more, as those holding paper contracts scramble to buy real gold from a shrinking supply to cover obligations. These contracts, typically cash-settled financial instruments, can technically be redeemed "in-kind" for physical gold, though few expect that call to come—until now.
Signs of a gold run are emerging, hinting at banks turning on each other in a high-stakes game of musical chairs. Banking, at its core, is a fragile system: every fractionally reserved bank in the U.S. is insolvent by design, unable to survive a full withdrawal of deposits. Why? Because fractional reserve banking relies on double-entry accounting and public ignorance to mask its essence—a legalized counterfeiting scheme. Banks create loans from thin air, collecting interest on money that costs them nothing to produce. Modern banknotes echo this relic of deception. The dollar, once defined as $35 per ounce of gold, lost its backing in 1971 under Nixon’s “temporary emergency measures”—a move that became permanent. Now, it’s a debt-based currency, repackaged as an asset, propped up by the vague promise of the “full faith and credit of the U.S. government.” It’s all credit, no substance—just trust holding it together.
Lifting the gold peg unshackled central banks, granting them the power to print limitless currency, unbound by physical constraints. Paper derivatives became their tool to short gold, stifling its price and stripping investors of a hedge against rampant money printing. As new currency floods the system, scarce assets—gold, housing, food—rise in value, inflating prices faster than wages can keep pace. Relative to gold’s original $35 peg, the dollar has shed 98-99% of its purchasing power, with gold now at roughly $2,700 per ounce. Against consumer goods, per the CPI, it’s down about 87% since 1971. Meanwhile, central banks globally float their fiat currencies, competitively debasing them to prop up debtors and stabilize the system. Currency too strong? Print more, erode its value, and save the borrowers at the expense of savers.
Then came Bitcoin. Unlike gold or paper promises, Bitcoin can be claimed in full via self-custody in ten minutes, bypassing the games of banks and derivatives. Over the past five years, the dollar has lost about 90% of its purchasing power against it, reflecting Bitcoin’s meteoric rise. This isn’t a glitch—it’s the system working as intended, favoring banks, governments, and the ultra-wealthy. Gold’s suppression, the dollar’s decline, and Bitcoin’s ascent lay bare the mechanics of a trust-based economy teetering on the edge.
https://goldbroker.com/news/london-gold-market-defaults-physical-gold-deliveries-3491
Nice post!
https://m.youtube.com/watch?v=dERTk7Op-aI
https://ruralrevivalproject.com/
Looks like this guy hasn’t wasted his 15 minutes of fame.
Good for him.
https://m.youtube.com/watch?v=3wf9QzliFF8
Edward Snowden is a HERO!
Llednew…….out.
Tn frens
Sweet. That was my very first zap.
You got my zap cherry 🍒
Because they don’t have any bitcoin!
https://crossvillenews1st.com/monterey-chicken-processing-plant-perdue-farms-shutting-down/
Change in demand? Or are they running out of chickens?
I hope it’s 187,000 and while they’re leaving they burn the place down.
I hope you’re right! If the past 3 weeks are any indication we are in for a wild ride. LFG!
This man needs to be pardoned!!








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