63 Comments

1. Looks as those of us who were skeptical of crypto were correct after all! Does anyone else see the irony associated with crypto companies applying for bank charters? Aren’t the adjectives associated with crypto decentralized, deregulated, and outside of the traditional system?
   This is hilarious.
   In the meantime, people are getting quite wealthy nonetheless.
   I think they’re going to confiscate gold and silver.
   I also notice a correlation between crypto and precious metals. They both go up simultaneously and it seems as though an inverse relationship would be expected.
   And BRICS want out of SWIFT but FED runs Ripple…

   1. Never buy PM online. PM is a private. Example 30 Troy oz. of Au fits in your coat pocket but same value of Ag you need a pickup truck.

   2. It’s refreshing that both of you are so positive and upbeat and are able to maintain your humor. I’m not. :/

      1. That is what they want. They want you to lose your cool.

         Instead, stay focused and hit the red button harder.

   3. Did anyone else notice that Bitcoin, XRP, Gold, and Silver took off right after they announced there are no Epstein files. Timing is crucial. Also Fed dropped its appeal. Hmm. And Virgina D’s ‘suicide.’ What about Randy Andy? All these photos of Trump, but aren’t there so many more with RA and Eps? I’m not giving Trump a pass by any stretch, but it seems the Brits, once again, are able to dump, duck, dodge, and hide.

2. Hi Catherine and John.
   Relative to the comment that the worm is turning, or the tide is turning against israel;
   I’ve been shocked at the sheer volume of anti zionist/israel youtube and other venue videos that continue to pop up on my screen. It wasn’t long ago that one disparaging comment would elicit a brutal attack by the various pro forces, ejection from the media, and now even joe rogan is criticizing the slaughter.
   You have to figure that this is being allowed for a purpose. Could it be to fuel the fire of excitement for the rapture whackos? I.E. ‘all will turn against israel…’
   Thanks,
   Pat

   1. Perhaps clean your watch history and comments to get more positive youtubes. I do this daily.

3. Hi Catherine and John.
   Re the ‘ponzi-ness’ of Bitcoin, I just don’t see it, but all fiat currencies, because of their inherent attachment to usury, are natural Ponzis.
   In other news, Blackrock seems to be purchasing Bitcoin at a rate close to one third of current production.
   https://www.zerohedge.com/crypto/blackrocks-etf-holdings-top-700000-bitcoin-far-above-saylors-strategy

   1. Dollar has quite a lot backing it up. Bitcoin has absolutely nothing other than the pumpers. And they can stop at any moment.

      1. Yup! Backed by a mortgage on all US property and assets. Let’s hope foreclosure is a distant prospect.

      2. Spot on. It’s the bigger fool theory, some mythical person will come along and buy it for more.

4. Catherine,
   John seemed to think that the BRICs is going to try to come out with a gold backed digital currency.
   I guess we’ll have to wait and see but if Stable coins are backed with treasuries and their BRICS coin is backed with gold it looks like their digital currency will have more clout than the USD, but it will still be programmable, trackable and traceable but will look more credible internationally.
   Your thoughts?

5. The Israel sex scandal story is horrific and goes on far too often in too many places.

   France uses its children home system which the government gets about 9000 euros per month per child to install systemic abuse. There are about 160,000 children in this system and the one judge who tried to reform the system was let go by Macron from his job.
   France is often referred to as pedoland.

   Abuser parents are very much favored in the court system. I know of some cases personally where sexual abuse is covered up on every level but the justice system and the social system there. Very sick and evil.

6. https://www.zerohedge.com/geopolitical/what-just-happened-rio-should-terrify-west

7. So a quick note about the Farm Bill, in general it’s a food distribution bill not a food production bill. About 97% is food stamps or other food distribution programs. The “subsidies” are not payments to grow food, they are programs that underwrite insurance or for disaster relief assistance. For example, insurance may cover 65-70% of a crop. If the adjuster for a claim states the loss is only 30% there’s no payment made. If a severe drought occurs and a crop of wheat is considered a total loss and insurance pays out the 70% loss, the government disaster payment program will use insurance claims to determine what a payment will be. Insurance is effectively required for farmers by their bankers (mortgage or operating loans). The insurance costs about a third of the payout for a total loss claim. It’s a bit of a racket. The only payment we’ve received from the government in 25 years was during this administration and it was a flat one time payment theoretically to prop up farmers struggling with low commodity prices and high inputs. Final nit, the programs have a phase out for farms with a million in income (I think that’s the limit). The average family farm isn’t that big. We are no where close – 2.5 sections and an average income for the land is $60-70k that has to pay taxes, inputs, etc. Don’t quit your in town job.

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