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so You'll Thrive and Profit, In Spite of It... "

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Top Three Videos – June 20 2023

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Ted-Ed: Where does gold come from? - David Lunney

Gold is formed in space through supernovae explosions and is delivered to Earth through geothermal activity, but it is currently too expensive to recover the large amount of dissolved gold in the ocean.

  • Gold is not formed on Earth, but rather in space through supernovae explosions, and it is present on our planet due to these cataclysmic events.
  • The gravitational pressure in a star’s core triggers nuclear fusion, which transforms hydrogen into heavier elements over millions of years until it reaches iron and nickel.
  • The collapse and explosion of a star forms a supernova, where extreme pressure allows for the creation of heavier elements like gold in a matter of seconds.
  • Gold is created during a supernova explosion and then becomes part of new stars and planets.
  • Earth’s gold was delivered through geothermal activity and is now extracted through mining, with all the gold ever mined able to fit into three Olympic-size swimming pools due to its density.
  • We can create gold using particle accelerators, but it would take an incredibly long time and be extremely expensive.
  • The ocean holds a large amount of dissolved gold, but it is currently too expensive to recover, and in the future, we may be able to tap into the mineral wealth of other planets or be showered with gold by a supernova.

Key insights

  • Gold is extraterrestrial, as it was cooked up in space through supernovae explosions, and is present on Earth.
  • Nuclear fusion stops releasing enough energy when iron and nickel are reached, leading to the end of the star’s core pressure.
  • The extreme pressure of a collapsing star enables the formation of heavier elements like gold in just seconds, contrasting with the million-year transformation of hydrogen to helium.
  • The explosion of a supernova creates a swirling dance of gas and dust that eventually condenses into new stars and planets.
  • All the gold that has been mined in history could fit into just three Olympic-size swimming pools, highlighting its rarity and value.
  • Using particle accelerators, scientists can mimic the nuclear reactions that create gold in stars, but it would take almost the age of the universe to produce just one gram of gold.
  • Perhaps in the future, gold rushes could occur on other planets in our solar system or if a supernova occurs close enough, it could shower us with its treasure.

George Gammon: BIS (Bank of International Settlement) Goes Woke While Making Huge CBDC Announcement

The key idea of the video is that the BIS’s changes, including the adoption of a gay pride logo and exploration of a Central Bank digital currency, are seen as unnecessary virtue signaling and part of an agenda to dismantle traditional values and institutions.

  • The BIS changes its logo to represent gay pride and announces the exploration of a new Central Bank digital currency, while potentially using climate metrics in loan decisions that could lead to denial of loans based on social scores and credit scores.
  • BIS changed their logo to the gay pride symbol, which the speaker sees as unnecessary virtue signaling and propaganda, while emphasizing the importance of understanding CBDCs to avoid deception by central planners and authoritarians.
  • Society’s shift towards viewing sexual orientation as a badge of honor is regressing progress towards judging individuals based on character, as the global elite engage in identity politics and aim to rebuild the system based on their Marxist worldview.
  • Gammon criticizes the BIS for promoting an agenda that seeks to dismantle traditional values and institutions, while also discussing the introduction of a central bank digital currency (CBDC).
  • The BIS is exploring the combination of money, assets, and information, but the speaker criticizes their programmable platform and unified ledger, claiming it is controlled by a Marxist cult, and questions the motives of global elites involved in decision-making.
  • Gammon speaker criticizes the BIS for using a Russian terrorist voiceover to promote a Central Bank digital currency, questioning their decision-making and budget priorities.
  • BIS aims to provide more convenient and cheaper products that are better tailored to customers’ needs, but the lack of specific details in the announcement is criticized and raises questions about the agenda.
  • Gammon questions the necessity of having a bank account for financial inclusion, arguing that the push for total control over money and assets is driven by power, not convenience, and expresses concern about the central bank digital currency announcement and its alignment with a Marxist cult.

Liberty & Finance- Silver Drained From Exchanges | David Morgan

The physical silver market is being drained, leading to limited availability for delivery, and the speaker predicts that the Federal Reserve will raise interest rates to maintain a strong dollar, while also suggesting that precious metals like silver may rise in value as people turn to them as a safe haven.

  • The physical silver market is being drained, with limited availability for delivery, and there is a special offer on backdated Australian kangaroo silver coins, while the FED’s decision to pause interest rate hikes was a trial balloon to gauge market reactions and sector impacts.
  • Morgan believes that the Federal Reserve will raise interest rates to maintain a strong dollar, but if rates go back to zero, it would signal the dollar has no value; Morgan sp also predicts the fednow program may be a precursor to direct payment methods through the FED.
  • Silver market is experiencing a drain as physical deliveries increase, potentially causing issues for big players if the COMEX were to default.
  • Silver is being drained from exchanges like LBMA and COMEX, indicating a need for new precious metal influx, possibly from the cryptocurrency market, while gold remains a stable coin.
  • Metals will rise in value regardless of interest rates, as people influenced by social media may turn to precious metals as a safe haven, potentially leading to stronger prices by the end of the year.
  • Once the window closes and it becomes difficult to buy silver at a reasonable price, the frenzy will likely escalate into a double parabolic, emphasizing the importance of preserving freedom and liberty during times of crisis.
  • People may resist the idea of gold and silver-based cryptocurrencies, but face-to-face transactions and black market activities with silver will continue; during times of severe inflation, precious metals like silver become advantageous; Morgan promotes a new speculative silver and Lithium company.

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