Texas proposes creating gold and silver-backed currencies as legal tender to provide an alternative to the dollar and protect residents’ purchasing power.
The timing of this proposal is significant, coinciding with rising global tensions, a collapsing middle class, and a falling dollar.
Gold is rallying alongside a strong dollar, indicating it’s even stronger than anticipated and potentially reaching $3,500 in the near future.
A gold price of $3,500 would represent a 99% collapse of the dollar versus gold, potentially signaling a shift to a new global reserve currency.
Asset-backed currencies offer benefits including reduced debt, inflation, and currency risk, creating a more stable financial system.
The proposal comes amid discussions of a potential CBDC ban, highlighting concerns about centralized digital currencies and their impact on financial freedom.
Gold mining equities offer investors an edge due to being underappreciated and less competitive compared to mainstream stocks like Apple or Microsoft.
Robert Sinn structures his portfolio by allocating 2-3% to high-risk junior miners and 10% to more stable major miners, based on market capitalization and volatility.
Sinn prioritizes risk management, focusing on potential losses before profit opportunities and advising against overly concentrated positions in volatile stocks.
The secular bull market for gold is driven by central bank demand, especially from China and India, and its role as a hedge against inflation and economic instability.
China’s aggressive gold accumulation has significantly influenced global markets, increasing the potential for a physical short squeeze in gold.
Gold’s value as a safe-haven asset is becoming more pronounced amid global uncertainty and geopolitical tensions.
Sinn critiques the use of ETFs like GDX to gauge the entire mining sector, arguing they are skewed towards larger companies and may not reflect broader trends.
Understanding both macroeconomic trends and micro-level company fundamentals is crucial for successful investing in the gold mining sector.
Examining individual company performance and pipeline projects provides a more nuanced understanding of the gold mining sector than relying solely on ETFs.
The mine lifecycle, from exploration to production, significantly impacts a company’s valuation and investment potential.
Gold’s role as a “Bastion of strength and Timeless value” is expected to increase as global economic crises deepen
Bitcoin’s narrative shifted from anti-establishment to being embraced by governments and institutions like BlackRock, raising questions about its true purpose and potential co-optation by the system it was designed to disrupt.
Bitcoin’s rise and fall may be part of a controlled financial reset, with its anonymity and decentralization now embraced by governments and institutions, potentially paving the way for even more centralized CBDCs.
The anonymous creator of Bitcoin, Satoshi Nakamoto, raises questions about the true origins and intentions behind the cryptocurrency, suggesting a potential cover story for its development.
Bitcoin bubble could create demand for Tether, a stablecoin backed 85% by US Treasuries, indirectly supporting Treasury market and reducing pressure on Federal Reserve to buy Treasuries.
Bitcoin’s rise and eventual collapse could be part of a larger financial reset, with governments using the narrative of Bitcoin’s dangers to justify the rollout of CBDCs as a safer alternative.
El Salvador’s adoption of Bitcoin as legal tender in 2021 was a political gamble that paid off, allowing the country to liquidate Bitcoin profits to improve its economy, pay down debt, and qualify for an IMF loan.
XRP’s ISO 222 compliant protocol, created by Ripple (with ties to Intel and NSA), acts as a digital toll booth for all things tokenized, enabling control over the system and its users.
Bitcoin’s transparency and trackability undermine its supposed anonymity and privacy, making it no more free from government oversight than traditional assets.
Bitcoin’s static addresses (70% of supply) and whales (1% holding 90%) suggest insider manipulation rather than natural growth, indicating a potential intelligence operation to create a bubble and pop it when needed.
Gold remains a more stable store of value compared to the volatile and manipulatable Bitcoin, which can experience 80% price swings in a single quarter.
Bitcoin’s extreme volatility and massive drawdowns make it unsuitable as a stable store of value for building a family, career, or savings, despite its potential for huge speculative gains.
Japan, China, and global central banks moving away from US Treasuries and stacking physical gold indicates a lack of trust in the dollar, raising concerns about the dollar’s future as the world reserve currency.
The US faces a debt crisis with $40 trillion in debt, a potential recession, and a distrusted currency, with inflation as the only mathematical solution, as historically done by nations from ancient Rome to today.
Bitcoin’s rise and fall may set the stage for Central Bank Digital Currencies (CBDCs), with existing blockchain infrastructure allowing governments to position CBDCs as safer, more centralized alternatives to Bitcoin.
Stablecoins, while appearing decentralized, are trackable and programmable like CBDCs, allowing for government control and seizure if needed, despite the facade of being a Libertarian alternative.
Dr. Roubini predicts 8% 10-year yields by 2030 and 80% unemployment by 2045, with potential US growth reaching 8% in 20 years.
A K-shaped recovery is described, where the top 10% owning 80% of the stock market thrives while the bottom 30% has struggled for 30 years.
60 poor countries are considered bankrupt by the IMF and World Bank, unable to repay foreign and public debts.
Trump’s policies like protectionism, trade wars, and migration restrictions could reduce growth, increase inflation, and lead to an equity correction.
Bond vigilantes and the stock market punish poor policies, while an independent Fed raises rates to control inflation despite political pressure.
Bad policies on trade, migration, and deficits push inflation higher short-term, while good policies like deregulation take years to reduce it.
AI-driven growth could reach 8% potential GDP in 20 years, but with 80% unemployment and increased income inequality.
Universal Basic Income (UBI) is necessary to prevent deflation and instability in an AI-driven economy with massive inequality.
Long-term treasuries will be poor defensive assets due to rising inflation and yields, unlike short-term treasuries, inflation-indexed bonds, and gold.
The Magnificent Seven tech stocks (MSFT, AAPL, GOOGL, AMZN, NVDA, TSLA, META) are expected to be big winners in AI despite high valuations.
Bitcoin and cryptocurrencies are considered scams and bubbles, with 80% of ICOs being scams and 177% of their value falling to zero.
Gold is recommended as a stable inflation hedge, with a 40% return last year and an 8% gain in the first month of this year.
Trump’s “America First” strategy is reshaping the global order through sanctions, tariffs, military, and diplomacy, potentially provoking international pushback.
The U.S. faces a $28 trillion debt crisis with bonds maturing by 2028, exacerbated by declining foreign demand and unsustainable debt creation of $100,000 per second.
Central banks are accumulating gold at historic levels, with 12.2 million ounces moved from London to U.S. vaults since November 2024.
Officials propose gold revaluation, with every $4,000 increase in gold price adding $1 trillion to the Treasury general account.
Judy Shelton supports 50-year gold-backed treasuries, while the BRICS nations move towards a 40% gold-backed settlement currency.
Despite gold being the top-performing asset last year, institutional investment remains low at 0.5% allocation in North America.
The LBMA has a massive short position in silver, trading 3.5 times the annual global mine supply daily.
Recent bank failures and systemic risks highlight the importance of owning gold and silver in today’s market.
Stagflation, recession, or depression likely if government implements cuts and reduced spending.
A massive government hiring freeze and buyouts are already in place, trimming payrolls.
China and Saudi Arabia have been quietly accumulating gold, with up to 40% of off-exchange gold potentially going to these countries through sovereign wealth funds.
The reverse repo market is down to almost zero, indicating the end of the Bank Term Funding Program and drying up of liquidity pools used to stabilize banks in 2023.
The US economy faces an insurmountable debt crisis, potentially leading to a global financial meltdown as BRICS nations capitalize on the situation.
Gold and silver are viewed as the only viable solution to the current economic predicament, offering an honest monetary system and being significantly undervalued.
A resource-based system led by BRICS nations, particularly China, is expected to outcompete the West’s debt-based system, potentially causing a global economic shift.
The world’s financial system is dangerously overvalued and concentrated in seven tech stocks, making it highly vulnerable to collapse.
The oil and gas sector is undervalued and underinvested despite increasing demand, due to ESG concerns and narratives about a new green economy.
The resource market is currently at its cheapest relative value in history, presenting a prime opportunity for investment in resource stocks.
BRICS nations are increasingly frustrated with US attempts to dominate them, potentially leading to negative reactions and global conflict.
US tariff threats against Mexico, Canada, and Panama are likely political posturing but could still have serious economic consequences.
The US military procurement program is described as fatally flawed and excessively costly, with the F35 fighter cited as the worst aircraft ever designed.
US politicians are ignoring critical debt and deficit issues, focusing instead on short-term gains and populist policies, potentially exacerbating the looming financial crisis.
The globalist banking cartel employs sophisticated mind control techniques to manipulate people’s thoughts and actions, creating a pervasive system of control.
A “full spectrum weakness agenda” is implemented through poisoning protocols, dumbing down education, and fake feel-good emotion protocols to keep populations weak and compliant.
Executive orders are used to implement dictatorial powers, normalizing a system where “the king’s word is law”, contrary to traditional democratic principles.
Countries are controlled through “franchise manuals” that dictate policies and protocols, maximizing profits for the globalist banking cartel.
The “algorithm ghetto” and social credit system form part of a “digital gulag” designed to control behavior and limit individual freedom.
To counter the cartel’s agenda, focus on building physical strength, mental resilience, and spiritual connection, as well as fostering community networks.
Developing food independence, self-sufficiency, and financial literacy are essential skills for surviving and thriving in a dystopian age.
Practices like mindfulness and gratitude can help build mental resilience in the face of psychological manipulation.
The “People’s Reset” conference offers free online access to information and motivation for those seeking to thrive in challenging times.
The globalist banking cartel’s primary weakness is its reliance on psychological operations rather than direct force, making individual mental resilience a powerful countermeasure.
Stephen Miran, Trump’s nominated CEA chair, argues for using tariffs to maintain manufacturing and mitigate the impact of the dollar as global reserve currency, which pressures the US to run current account deficits and offshore manufacturing.
The Trump administration’s position is that other countries need to bear the costs of the US role as global reserve currency issuer, as it imposes costs on the US through offshoring and excess debt.
Tariffs can force negotiations with other countries to share the burden of the US role as global reserve currency issuer, potentially addressing issues of offshored manufacturing and excessive US debt.
Tariff effects depend on country size: in small countries, consumers bear most of the tax, while in large countries, the tax incidence is shared between consumers and foreign producers, potentially lowering global prices.
Tariffs can strengthen the dollar, offsetting import price increases; a 10% tariff on China coupled with a 10% dollar appreciation against the yuan would effectively cancel out.
Optimal tariff theory suggests tariffs can boost US welfare by lowering foreign prices, with empirical estimates indicating an optimal US tariff rate of around 20%.
The US, as the end consumer for much of the world and consuming more as a percentage of GDP than other countries, is in a stronger position to impose costs through tariffs.
The Trump Administration could use military spending as leverage against countries retaliating to tariffs, threatening to cut NATO contributions if they impose tariffs.
Stephen Moran suggests a sovereign wealth fund could issue debt at low yield to buy assets, earning returns to pay down debt or lower taxes, addressing pressures from the dollar’s reserve currency status.
Howard Lutnick, Elon Musk, and other financial sector figures point out imbalances in current regulatory and taxation approaches, with European countries relying on VAT and the US on income tax, producing unsustainable outcomes.
Higher tariff rates, especially from 2% to 25%, are more destructive due to non-linear deadweight loss, but the US is in a better position to raise tariffs relative to other countries with low effective tariff rates.
Miran’s paper provides a framework for understanding the Trump administration’s economic policies, often viewed as naive or simplistic, by demonstrating an underlying theory and economic argument.
USAID, described as a CIA front, funds mainstream media outlets like BBC and Politico through massive subscription purchases, while also engaging in government overthrow operations to maintain US control and project soft power.
The Trump administration laid off 97% of USAID staff, disrupting funding to legacy media and alarming the Deep State, transforming USAID from a soft power tool to a gravy train for political operatives.
USAID’s censorship efforts aim to establish a global authoritarian system silencing dissent, mirroring past US actions and current European practices.
USAID allocated $8 million to Bill Kristol’s pro-democracy NGO, $34 million each to Politico and the New York Times, exposing extensive corruption and its role as a Deep State tool.
Financial mismanagement in government agencies, including potential losses in HUD and substantial funding to NGOs, highlights the need for increased scrutiny, particularly regarding the Pentagon’s lack of audits.
The Trump Administration’s “Flood the Zone” strategy overwhelms media with multiple daily controversies, distracting from in-depth coverage of critical issues.
USAID funding could potentially evolve into a pro-MAGA initiative while raising concerns about promoting censorship in recipient countries.
Gold and silver prices are expected to rise due to soaring debt and low interest rates, with silver potentially doubling gold’s percentage gains in the bull market’s final year.
Major companies are predicted to create cryptocurrencies potentially tied to the dollar, which could lead to massive inflation and plummeting values of low-quality cryptos.
Tariffs are used by Trump as a behavior modification tool to impose change on countries, primarily by encouraging factory construction in the US, benefiting the working class.
Potential Trump second term actions include brokering peace deals in Ukraine and the Middle East, and conducting defense department audits, potentially creating a transformative year in American political history.
MindGeek holds a monopoly on the global adult entertainment industry, boasting half-billion-dollar annual revenue, multi-billion-dollar valuation, and ownership of popular sites like PornHub, RedTube, and YouPorn.
PornHub, MindGeek’s flagship site, generates 4.6 billion daily impressions and hundreds of millions in ad revenue annually.
MindGeek employs an insufficient team of 30 moderators to review 2,000 videos per shift with sound off, leading to guesswork on age and consent in a traumatic work environment.
MindGeek’s rebranding under Ethical Capital Partners is criticized as a farce, with the same CFO, CLO, and CPO responsible for past destructive decisions remaining in charge.
The company faces 25 lawsuits from nearly 300 victims, including multiple class actions on behalf of tens of thousands of child victims.
MindGeek’s rebranding effort aims to woo credit card companies and rebuild the company’s image, while maintaining the same leadership, raising concerns about commitment to ethics and victim support.
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