3 Things Most People Don’t Know About Gold, Bitcoin, and Money

I first blogged about Bitcoin in 2011 and 2013.  This one penned in 2023 does a good job of covering Bitcoin from a high altitude.

https://internationalman.com/articles/3-things-most-people-dont-know-about-gold-bitcoin-and-money/

Not Modern, Not About Money, And Not Really Much Of A Theory

https://blog.evergreengavekal.com/not-modern-not-about-money/

Money is Gold, and Nothing Else

https://dailyreckoning.com/money-gold-nothing-else/

JPMorgan Testimony 1912

https://www.scribd.com/document/247741026/JPMorgan-Testmony-1912

"Money is gold, and nothing else." - JP Morgan, 1912

All of the World’s Money and Markets in One Visualization

One of the fundamental laws of economics is scarcity.  If true, the price of silver is about to soar.

http://www.visualcapitalist.com/worlds-money-markets-one-visualization-2017/

The Death of Money 2.0

We've often heard the quote attributed to Mark Twain, "History doesn't repeat itself, but it rhymes."  It applies to financial markets.

"Dying of Money: Lessons of the Great German and American Inflations", by Jens O. Parsson, chronicles Germany's Weimar Republic hyperinflation during the early 1920's.  I'm always looking at different angles, and one interesting tidbit is the timing of the original publishing in 1974.

During gold's historic run from $35/oz. in 1971 to its peak of $850/oz. in 1980, gold had a major correction from $200/oz. in--you guessed it--1974, down to $100 oz. in 1976.  After this painful correction, gold resumed its bull market run until 1980, culminating in its secular blow off top.

Flash forward to today, and superimposing gold's epic bull market from its lows (in 2001 or 2008, take your pick), we can see that gold had a major peak of $1923/oz. in 2011.  Another bottom appears in December, 2015.  A few precious metals pundits have noted the parallel cycles of the 1970's and today's millennial run.

One of these authors is James Rickards, who has written several best-sellers on financial markets, including and specifically about gold.  His first bestseller, "Currency Wars", was published in 2011, coinciding with gold's peak. Another book title is "The Death of Money", published in 2014.  Makes you want to go "hmmmm...."

Did gold start another massive run up in late 2015?  So far, it sure looks like it.

The coincident timelines are certainly intriguing, but digging deeper, are they merely coincidental, or conspiratorial?  Are the financial elites signalling a pending, if not imminent financial crises on the horizon?  Is Jim Rickards, a former insider at the Fed and US Treasury, a true champion of the people, advocating gold as a protector of purchasing power?  Or is he just a useful tool of the elite, espousing truth, but sucking in early adopters in 2011, so the weak hands could be wiped out before gold resumes its next historic bull run?

Was gold's peak in 2011 analogous to its peak in 1974?  Likewise, was gold's bottom in 1976 a similar precursor to gold's bottom in 2015?  More importantly, what happens next?  If history does rhyme, we can expect another epic run up in gold (and silver).

An astute, contrarian student of history can deduce outcomes, but timing it exactly is next to impossible.

My long-term outlook for gold remains $6300/oz. or higher, as long as fiscal conditions continue to deteriorate and monetary policies remain accommodative.

THIS IS TERRIFYING: Will All Of Your Money Be Wiped Out In The Blink Of An Eye?

http://kingworldnews.com/this-is-terrifying-will-all-of-your-money-be-wiped-out-in-the-blink-of-an-eye-2/

1.  Take $18 trillion of debt printed by insolvent central banks, up 300% since 2006.
2.  Add other public debt as well as private debt to reach $230 trillion, up 60% since 2006.
3.  Add unfunded global liabilities and other commitments of $270 trillion making a total of $500 trillion at a minimum. 
4.  Just one small bit to add, which is derivatives of $1.5 quadrillion taking us to a total of $2 quadrillion or more. 
5.  Run budget deficits for over 50 years like the US.
6.  Always buy more than you sell, creating trade deficits for over 40 years, again like the US or the UK.
7.  Print money to pay for all your government expenses like Japan.
8.  Buy your own debt like Japan, USA, the EU, UK, etc. 
9.  Mismanage your country and currency until the money reaches its intrinsic value of Zero. So far, all major currencies are down 97-99% since 1913.
10.  Allow the financial system unlimited leverage to benefit a miniscule minority and burden the masses with debt.
11.  Manipulate all markets to totally obscure price discovery. 
12.  Set interest rates at zero or negative so that governments can borrow unlimited amounts. 
13.  Suppress the value of gold in order to hide the mismanagement of money and the economy. 
14.  Set up a system of misinformation and Fake news to mislead the people.
15.  Once 1 to 14 has been achieved, start at 1 again and do more of the same.

Show Me The Money

https://www.janus.com/insights/bill-gross-investment-outlook/

Comparing the World's Money and Markets

http://i2.wp.com/money.visualcapitalist.com/wp-content/uploads/2015/12/all-the-worlds-money-and-markets-dv.png?w=1130

Cash Is No Longer King: The Phasing Out of Physical Money Has Begun

http://theantimedia.org/cash-no-longer-king/

How Much Money Have Humans Created - A Visual History

Got gold?

http://www.zerohedge.com/news/2016-09-28/how-much-money-have-humans-created

Rothchilds Buying Gold On "Greatest" Money "Experiment" In "History of the World"

The only implication I disagree with is the implication that the Rothschilds are managing billions of dollars.  I would speculate the family net worth is in the trillions.  Regardless, they are joining the ranks of other billionaires who are guying physical gold, as they diversity away from other paper financial assets.

http://www.zerohedge.com/news/2016-08-19/rothchilds-buying-gold-greatest-money-experiment-history-world

All of the World’s Money and Markets in One Visualization

http://money.visualcapitalist.com/all-of-the-worlds-money-and-markets-in-one-visualization/

Rethinking Money As The Greater Depression Deepens

http://www.zerohedge.com/news/2015-11-14/rethinking-money-greater-depression-deepens

In One Chart: What If a Typical Family Spent Money Like the Federal Government

http://dailysignal.com/2014/12/28/1-chart-family-spent-like-government-amount-debt-theyd/?utm_source=facebook&utm_medium=social

The Terror Of How Banks Use Our Money: Russell Brand The Trews

I am not endorsing Bitcoin, Startcoin, or any other crypto-currency, but Max Keiser nails it when he exposes the shenanigans of the banking cartels.


https://www.youtube.com/watch?v=xWOsjVyc6wo#t=185

Total Systemic Collapse, The Destruction Of Money & War

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/10/10_Total_Systemic_Collapse,_The_Destruction_Of_Money_%26_War.html

When the Money Runs Out … So Does the Empire

http://www.acting-man.com/?p=32239

The fiat money quantity FMQ

http://www.goldmoney.com/research/research-archive/The-fiat-money-quantity-FMQ

Fed to the Sharks, Part 1: The Fed Takes Our Money, Gives It to Banks Who Loan It Back to Us at 16%

http://charleshughsmith.blogspot.com/2014/04/fed-to-sharks-part-1-fed-takes-our.html