A 60 year old guy provides a suggestion to Reddit readers...

 I will post this on Reddit soon.

Hi, I'm Captain Dave and new to reddit. I run Economati blogspot. Here's what you need to know. 

 

Wall St is just a symptom of the real disease which is that we have gotten conned into accepting fake money as if it were real. Simple as that. Fake money turns everything good on its head. Fake money is the engine of corruption and the energy source behind the GDP (Global Debt Ponzi). Russia and China are no real threats to our national security but insolvency is. The fake money has allowed exponential indebtedness to occur and the debt is now going straight up. We cannot repay it and so we will have to inflate it away, and that will kill your USD based paycheck and your savings.

 

The powers that be have their power by virtue of standing near the well of endless new currency - the corrupt private bank known as the federal reserve. Using this endless stream of fake wealth they can buy everything from aircraft carriers to fake political loyalty to private thug police forces. Heck they can even buy votes from sheeple straight up. Unlike you and I, those doing the spending never have to earn a dime of it. So they spend it on whatever and then just print more.

 

Those closest to the wellspring get first access to newly printed currency which they spend at present market value. But as that currency gets into the economy, the money supply is diluted and thus those using it after the first have their fun get less and less purchasing power from it. Its like a kid on a corner selling kool-aid on a hot day. The first people to have some get full strength good stuff but when the pitcher gets 80% drunk and the kid runs out of kool-aid mix and sugar then he just refills the pitcher with tap water. He still calls it kool-aid but its not the same as it used to be, its weaker and thus requires 2 glasses in order to sate the desire for a tasty beverage.

 

OK so those are the basics in a nutshell and if you want more details you can scan through these sticky posts from my blog. I wrote them 10 years ago and they are just as applicable today because they discuss the REAL fundamental that controls things - the fake money supply.

http://economati.blogspot.com/p/money.html

http://economati.blogspot.com/p/global-monetary-system.html

 

OK so let's say you agree. What can be done about it? In the long term, simply stop contributing to a 401k seeking corporate match and tax delays. Your wealth stored in this fashion is theirs to use in their fractional reserve banking scam. The dying and desperate government will just end up stealing it anyway. Go do some research on all the banana republics, they always either confiscate or nationalize the pension system. This is why government puts an early withdrawal penalty on your 401k. They say they are taxing you like that because they care for you and if you believe that then I sentence you to listen to George Carlin for 3 minutes of raw truth.

https://youtu.be/Nyvxt1svxso?t=70

 

Instead, buy physical precious metals and store them in your own physical possession. After all, people used to understand that in a crisis possession is 90% of the law, because the law ceases to exist. You know, like what we see happening at the state and federal level right now. So that's what you can do personally and at the same time it will be an act of patriotism because it will speed the collapse of the fake money system which is eventually going to collapse anyway.

 

But wait, there's more. If the system is allowed to collapse slowly then it will be on their terms and at a time of their choosing. They will have prepared for it and they will come out on top as a result. They will just re-start the Ponzi with them running the show again.  History is full of examples. 

 

If you really want to collapse it on the terms of the people, you need to GME it. This was already discussed with respect to silver and that is why I am writing to you, the good young people of reddit today. What you need to know is that silver is not the weak attack vector that you seek. Gold is certainly not. It has $10 trillion above ground supply. Silver is weaker but still there are trillions of dollars worth of above ground silver to feed a buying attack. You need to attack something that has little supply. In order to drive rapid change you need to drive exponential demand into something with low and not immediately moveable supply.

 

The REAL weak link is thus platinum. There is currently less than $10 BILLION with a B worth of above ground platinum. It is far rarer than silver or gold and we all know that value is supposed to derive from scarcity as it is the entire thesis behind Bitcoin. There is a reason that platinum eagles carry a face value of $100 while gold eagles are only marked at $50 face value.

https://sdbullion.com/blog/how-much-platinum-is-in-the-world

 

Platinum is the Gamestop of the precious metals market, and precious metals are the kryptonite of fake money. If the dollar price of precious metals begins to skyrocket and people wake up to the fact that this is real money then its going to get a lot of real attention. If platinum goes up to 30 or 40 thousand USD per troy ounce then don't you think it will turn wall st on its head and slap it on the ass? Yes it would. 

 

Is that even possible? Yes, we know that it is because bitcoin hit those levels and it's just a virtual currency. There currently exist 18 million bitcoins and market cap on bitcoin is ~$650 billion today. In contrast according to the jd bullion link above there are only 8 million troy ounces of refined platinum bullion on the planet today and it's total market cap is an unbelievably small $10 billion. Platinum, it seems, is far more rare and yet as of today far cheaper than bitcoin!! Since rarity is the investment thesis behind bitcoin, physical Platinum is a better bitcoin than bitcoin.I don't need a ledger if I have a physical token in my hand.

 

And if platinum took off then silver would follow much easier. Each dollar that goes into real money, which is gold, silver and platinum (AKA commodity money) is one less dollar that the establishment can use to further its corrupt agenda of making the rich richer and everyone else into a slave.

If you want to destroy a country, destroy its currency.

With the debt going up exponentially the liberals seem to be going for the kill shot on our country.  They are now talking about recurring $2000 "survival checks".  Yes folks, Biden's team knows that the useless covid lockdowns have collapsed the US economy and now they want to take the currency down as well.  How much longer until they begin asking their communist pals for "humanitarian aid" and giving away more of the country in exchange?

If I wanted to destroy a country I could not think of a better way than to offer its slave working class rabble a subsistence living without having to work but only when that living is paid for by the debasement of the currency thus guaranteeing that the rabble fall deeper and deeper into poverty.

Look at what is happening folks.  And look at the rate of progression.  Does it feel like the timing between major events is quickening?  Of course it does and for the very reasons I have been predicting that it would happen: exponential events have the basic characteristic of compressing time between events.  This is an exponential collapse in progress yet people still don't see it coming and nobody is acting to save themselves.  Everyone is just sitting there like it was a show that doesn't involve them.  

This too shall change.  If you haven't made any preparations by now, don't bother because it's probably too late. Most people simply don't have a pile of ready cash they can throw at newly perceived (but long present) problems.  It took me years to come up with my plan and to actually execute it.  Now yes, some if not many of you are better, faster and smarter than I am so maybe it won't take you as long.  But history shows that most people will just settle back into a shitty life of austerity and fear because they didn't have the willpower to stand up and take charge of their own destiny.  But don't worry, if you sit paralyzed long enough you too can begin receiving your survival check from the Godverment.  But then don't complain when it comes with strings attached.

This is the stuff secession is made of.

In the past it was always government against groups of citizens or against individual citizens.  Government mainly won because it had essentially unlimited funds to hire lawyers, etc.  It could also make arbitrary and unfair rules which they call "laws" in order to tilt the playing field in their direction.  But things have now devolved in the US where states are now individually or in groups banding together against the federal government.  The first volley was the Texas led opposition to the fraud election.  That having failed, Texas is now publicly defiant of the new federal administration and has ordered its legal team to go to war with Biden's corrupt, asinine leftist agenda to bring down America so that his Chinese pals can step up.  Or perhaps even step in.

"Abbott signed an executive order during a press conference in Odessa on Thursday, which directed all state agencies to sue the Biden administration for any federal actions that threaten the Lone Star state’s energy sector."

If Texas were a sovereign country its economy, as of 2016, would be the 10th largest in the world, about equal with Russia.  Texas is currently #2 in the US but I see that changing over the next decade as California's big high tech earners escape en masse.  All of cally's wealth is in San Fran finance and San Jose high tech.  Los Angeles used to be an industrial hub but it is in freefall because of high taxes and other liberal politics. High tech is the first to escape California but high finance will exit too because, after all, liberals eat their own and no it won't be different this time.  They are greedy, lawless, amoral and power mad.  Nobody will be safe until they get to a better state.

I will say one more thing.  When sovereigns can't get their way via talking they always fall back to using force.  In the case of USA v Texas we might find that Texas just ignores federal edicts about the use of oil based energy, etc.  In that case, the US might start sanctions against Texas as if it were a different country.  That kind of thing could lead to a decline in the quality of living in the state, for that is the precise goal of sanctions - attack the rank and file people who are just trying to live their own lives so that they overthrow their own government.

Biden should be very careful about such things.  Conservatives are conservative because their playbook is based on Biblical laws, turning the other check, etc.  But if such rules are suspended because of so large an attack that it cannot be ignored then conservatives can be just as mean and destructive as any other human, sometimes worse because they had to keep it bottled up so long.  And let me remind that Texans are armed to the teeth.  Not with hunting rifles but with full military gear, body armor, military grade gas masks and in many cases even armored vehicles with gun mounts.  What do you think those big ranch owners do all day on their 300 acre spreads with multiple equipment buildings on them anyway?

Maricopa county, AZ, will perform audit voting machines

Wait-a-hold-it.  I thought the election was over.  I thought we were all supposed to stop talking about election fraud now that Biden's in the white house.  After all, we don't want to be accused of inciting "insurrection" by the left, now do we??  Besides, can't we all just get past the whole "election fraud" hoax because after all there is absolutely NO EVIDENCE whatsoever of any kind of voting fraud AT ALL.  Really.  Trust me.

This is the spew coming out of the left and of course it is completely false.  There is a ton of evidence of election fraud.  Maybe the left should walk their "absolutely no evidence" statements back now that Rachel Rodriquez has been taken into custody and charges with multiple election fraud related charges.  Or maybe that actually doesn't count as evidence in the eyes of dumb ass liberals.

But regardless of that, I thought the election results were certified, good to go, move along folks, nothing to see here.  So if that is the case then why is Maricopa County AZ. now saying it will pay for a forensic audit of the corrupted voting machines used to help steal the election?

Well you never know which thread you pull on to unravel the sweater but sooner or later it will happen.  There is just too much over the top lies, fraud and other illegal corrupt behavior for it to remain behind doors much longer.