Robert Vaughn10 said:Nobody buys bonds with a negative yield. Inflation isn't quite there yet outside of the US, but it's highly probable for the European Union too, given that debts and deficits can no longer be covered. Once a mania hits precious metals and cash loses its worth, that's when money becomes undervalued. That might be the time to enter an undervalued asset. You'll just need to time it right—likely when the crisis actually starts getting resolved and interest rates remain high. Essentially, once the value of cash (read: debt) is wiped out, combining debt write-offs could create breathing room for the economy to function again, which would allow those bonds to actually be paid out.
Germany just sold off bonds at a negative yield, which is wild. Well, when it's time to party, you know it's gonna be crazy. And I guess people—or sheep, or whatever you want to call them—just keep having this blind, absolute faith in their own homeland, even though the folks in charge basically exploit them to death (because let's face it, the government isn't exactly rolling out the red carpet for ten thousand new, smart Americans just because they all have massive MPF accounts and look as good as Goran Višnjić or Nives Celzijus). Stay tuned... 🙂
Robert Vaughn10 said:Once cash loses its value, it might actually become interesting because interest rates would have to climb. For instance, if you’re holding ten-year Treasuries yielding 10% while inflation is hovering at 15%, that could look like a massive win if the government manages to slash the deficit and stall inflation in the meantime. It’s a plausible scenario; they won't have the money to spend anyway, so deflationary pressures will linger, keeping cash somewhat valuable. Creating enough capacity for hyperinflation is difficult when most people are broke. If a new credit cycle were to somehow kickstart itself, the story changes entirely. On the other hand, it's unlikely that stocks will fall significantly below the value of cash in an inflationary environment. You just need to identify which stocks are undervalued, much like how gold and silver were positioned around 2000.
Right now, people are out here grabbing bonds with negative real yields just to try and hold onto some scrap of "value," but you're basically daydreaming that bond prices are gonna hit the moon... as if someone's just gonna magically fix one of those massive, core reasons why the West even functions—both on paper and in the real world—which is basically having debt that gets absolutely shredded by inflation. Correct me if I'm totally missing the mark here, I guess. LATER-🙂
quiettrucker12 said:Sure, prepping—hunting, foraging, survivalist stuff—is fine if you're planning for a total collapse. But looking past 2020, high tech is going to be the real driver. And I don't mean iPhones; those are a dead end and a fading fad. I mean actual, heavy-duty technological leaps. Agriculture alone isn't going to propel civilization forward. Everyone seems terrified of advanced tech, but that’s exactly what we need to push us into the next phase—maybe solving energy issues in twenty years or so (though we haven't really hit that wall yet since there's still plenty of oil lying around somewhere). If you want to actually play a role in the world of the next decade, you should have your patents ready to go right now. Honestly, I don't see where America fits into that high-stakes race. We might end up just being a giant retirement home or some niche organic farming hub. That's fine, I guess, but it’s definitely not the major leagues driving global progress.
Signature. Once the land is basically trashed from over-farming and acid rain, and we're dealing with skies dumping aluminum and boron on us... I don't know, we'll probably just have to suck up to thosetech giants because they’ll be the ones holding the magic wand for everything from our food to our meds. Sorry for going off-topic here.... 🙂
The “ New ” Migration to Gold and Silver Quote : Really , The only thing Better Than holding an Eagle or Maple Leaf is holding an entire roll of 20 of them.
So, in episode 129, I guess Max was kind of tripping out and rambling on about US expansionism and 9/11...
But honestly, I can let him off the hook, just like you guys probably let me off when I start rambling too...🙂. It’s just that classic human flaw, I suppose. When you actually know what you're talking about in some niche area of life—and you're getting that validation from people who agree with you (power...)—you suddenly think you're an expert on everything else, and you just start spouting total nonsense without a clue what you're saying.(...it basically gives you a free pass to be stupid).
Anyway, he totally made up for it with the other half of episode 130. He had a great guest (Michael Betancourt), and his whole deep dive into "The aura of the digital" was actually pretty fascinating.
So, this is just great in Egypt... While all us Westerners are busy running for the hills—except for the journalists, of course—canceling our summer vacations just to show support for some new "freedom" or whatever... well, here he is, right at the heart of this whole new wave... this third wave... something somewhere between pure fundamentalism and straight-up slavery or a dictatorship... hm, sounds pretty utopian, doesn't it 🙂... the third wave, the third truth, the third choice...
If anyone's got nothing better to do than listen to some absolute nonsense, you should probably go catch him... I’m pretty much stuck working on March 17th (Thursday), so I'll probably be grinding away 99% of the time...😢
Maybe one of you guys will actually make it out there to hear his "wisdom" and report back with whatever genius ideas he's dropping.
So, Max mentioned something once about hearing about that whole Austrian School of Economics thing... so anyway, here’s a link to some free reading on the subject if anyone's actually interested, I guess.
Getting things moving is always the absolute worst part, I guess... everything just feels like such a massive uphill battle at first.🙂
Maybe some of you experts from the Austrian School of Economics can let me know if this reading list is actually legit or just total garbage... I guess I'd appreciate the heads-up.
Part one: real farms and cities versus this whole artificial setup; it’s basically economic suicide; I guess the IMF is just trying to force their way to the top of the fiat pyramid with this new currency or whatever; we're looking at a 7:1 ratio in the USA—debt compared to GDP—while China is sitting at 4:1... Part two: checking out Greg Palast’s take on who the actual dictators are (it's the petrol dictatorships, obviously).
Part one: since global food prices shot up about 30% last year, there are maybe 44 million new on the brink of starvation among the poor worldwide; it’s basically "leave Ben Bernanke alone or die"; I mean, Barack Obama is like a reverse Robin Hood; the USA spends way too much on defense; all those "fake wars" and missing billions... it feels like war is always someone's best friend... Part two: US arms dealing fueling dictatorships instead of democracy and social prosperity; it's crazy that for every tax dollar collected, 50 cents just vanishes into the massive defense industry.
Part one: some kind of management reincarnation 🙂; the whole cult of the dollar; then you have that political demagoguery in Wisconsin claiming the unemployed, immigrants, and the poor are the ones killing the American Dream; just trading hot garbage for handouts; you see Ron Paul getting booed on Fox News while people cheer for him on YouTube; plus that bit about how the US Military makes fake personas and avatars... (like that "good Samaritan" ad for Radovan Karr)... Part two: WikiLeaks.
WikiLeaks: "I need ounces... ounces... whether it's gold or silver... I just need ounces, ounces!"😍.
Cheers to everyone on the forums, wherever you guys end up...🙂.
Hands down the best episode yet... seriously, you guys just have to watch this one
Man, it’s got everything—China, Australia, environmental stuff, all that Wall Street madness... plus you might actually make some cash along the way, I guess. Just trying to keep Max alive, maybe...
Man, you can never take anything for granted in this life, I guess. It’s just how things go. And honestly, his version of the "truth" is basically just straight-up propaganda, so what else were you expecting? Take it or leave it. What does it even matter if he's "allegedly" Jewish?🤷
Peace-🙂
P.S. That little propaganda stunt you pulled... it kind of poked the bear and made me feel like I had to say something.
episode 115: Part one: -Max's take on how China is basically turning into a modern-day Wild West, which is just great... -Max Jr. reminiscing about his days grinding away on Wall Street back in '87 -Stacy says if the global economy wants to actually "grow," we’re looking at pumping another $100 trillion into it by 2020... I mean, seriously, what does that do to gold and silver prices? Part two: A little deep dive into those Facebook and US housing scams.
episode 116 is coming up for all you precious metals junkies out there.
...plus you've got folks from the Netherlands, the UK, and even some parts of the US who seem to have a thing for San Diego... so honestly, man, just keep browsing... just like I do (old dog, new tricks).
Part one: A bit populist for my taste, I guess... but seriously, you bankers... you're literally killing people. Cheap electronic US money is basically strangling the EU and causing deflation, while at the exact same time it's crushing India and driving up inflation......
Part two: The debt-ridden generation in the US. I mean, come on guys... they bail out the banks, yet schools and hospitals are getting shuttered... WTF.
Nobody ever talks about Iceland and how they're grinding through all this grit... but things are actually looking up there. And yeah... they didn't just bail out the banks, or rather, they actually let those crooks fail.
Really solid follow-up, especially that first part: - it’s not even about inflation or deflation really, it’s more like the whole system just getting absolutely drowned by a flood of fiat cash and credit... kind of like "psychoflation," where everything feels like a Bermuda Triangle situation - we’re basically just living on borrowed time here - it’s like when a massive dam finally gives way; everything around you is totally underwater, yet you can't even get any water out of your own faucet, so you're just sitting there thirsty while the world floods.
Second part: - that utopian version of Australia is just living in total denial—regardless of those catastrophic floods—and I guess it’s really just a matter of time before reality hits...