Thanks again to all of the writers and commenters here on the Brief (and yes - I do mean "all" because that is what a forum invites).
One of the lessons I learned in my career was that - typically - having someone read a proposition allowed them to activate three "gates" - seeing, hearing, and speaking. The last one being the result of the fact that most of the time when we read something, the voice we hear is our own, causing us to be more aligned with or agreeable to that which we read: and this is true (maybe even more true) even if the information is read silently.
However, when we read something written by (or previously spoken by) someone we know well enough, the reading "voice" belongs to them and our opinion of them is reinforced (whether positive or negative) in the very act of reading.
I mention this to support the following: AiA's quote from Trump's first inaugural address sounded really good this morning! The cost for those guilty of betraying the citizens of this country will be "collected" - retribution is coming!
—Excellent example of one of the most important things you have taught us, 🐅 ‘…not as a sequence of organically-unfolding events, but as a narrative template being first seeded and then rolled out along a pre-set timeline. Thank you!
—Astute Ashe! ‘There is a plan — it’s playing out before our eyes. The revolution is not televised, it’s podcasted and blogged, and those who repeatedly, nefariously betrayed the American people are about to receive a justly deserved penalty.’ #2 definition of retribution is what is applicable here…a justly deserved penalty. The cabal’s minions should be very nervous. 😬
—Ghost, thank you for the background on Brendan Carr! One more competent and based arrow in the multifaceted sling. NCSWIC.
—Any state or local law, such as sanctuary for illegals, that is not made in accordance with the Constitution is not law. These officials are treasonous. GITMO.
—Unconstitutional Department of Education likely one of the first to go. 🧐Wonder if Linda is to remove barriers? Protect the documentation?
—Lutnik will apparently be a very good thing for ‘we the people.’ I looked him up and wonder how many roles he will play.
—Thanks again, Ghost! I minored in art history and had never heard of him either.
—Lawfare as we’ve seen in the past few years is a tool for tyranny. It will be stopped!
God bless Ashe, BB and Ghost (and the commenting community) for their desire for truth.🙏🙏. You’all are MUCH appreciated.
The South elevator (one of two) in our building hasn’t operated for months (harkens “Big Bang Theory” show) We came home from GART and 👀 the indicators were lit up! My initial reaction was: what if I get on that elevator and it takes me somewhere I have never been????
Not sure if you intended to parallel your experience to the larger stories, but the implications of the "partly known" (which can be even more frightening than the "fully unknown" - at least for some) were palpable. Thanks for the "ride".
I think they showed a “prequel” scene about how it became inoperable in the first place. It had to do with a volatile experiment undertaken by Sheldon and ended with an explosion in the elevator.
Yes! I remember that now. It was a great show. Dear husband and I are both Star Trek and sci-fi fans in general, and we especially loved the series finale. Also, the pharmaceutical rep story line ended up being quite accurate, with all the crazy drug side effects they joked about! Truth disguised as comedy.
I love all of the news and our takes that put it into perspective. I get frustrated when none of the news actually helps explain the economics behind how Trump can resolve problems no politician could have solved in the past. This phenomenon is what excites me.
In 1890, to just pick a year at random, you could go to any bank and exchange a twenty dollar bill for a double-eagle Gold coin. On a Sunday in 2024 you can go onto your cell phone and order that exact same double/ eagle for three easy payments of $1275.00. Every week I watch these paid ad shows on FOX News and marvel at what I am seeing. The story is always the same and they brag that these coins are all found in “stashes” discovered in Swiss banks. The coins were sent to the bank in 1933 after FDR outlawed the ownership of Gold by U.S. citizens! And there you have the whole story right in front of your eyes. The problem is, apparently I am the only person who understands the story.
In 1890, the twenty dollar Gold coin was worth $20 just like the twenty dollar bill. That was because our government had set the value of Gold at $20.67 per ounce. They pegged the price and it was considered to be a constant for all economic calculations. But today that same coin is priced at $3675.00 per ounce. But, that is because of the rarity of finding an MS-63 condition 1890 Gold double-eagle. But, we know an ounce of Gold can be bought for about $2725.00 on the market. Do you see the problem that has been solved? Gold is not pegged to the price of a government coin’s value. So, what limited our government in 1890 by basing our currency on the value of Gold was the price they set on Gold. This is what frustrated the bankers and why they hated Gold. What the bankers wanted was for the dollar to be backed by nothing but our assumption of it’s value. That is why the bankers came up with the elaborate plan we have witnessed since 1871. By creating panics in our system they got us to buy into a scheme that gave them our fiat currency of today, and that is the problem we face today. Doing the reverse math, our $2725 ounce of Gold was a $20 ounce in 1890. That is an inflation rate of 3.7% per year. Another way to look at this is a twenty dollar bill today still buys $20 of value but in 1890 it would have bought $2725 of value. There we can see how our fiat dollar has been used against us for well over a century. Inflation was sold to us as a stabilizing force because it kept the economy from crashing and destroying value. But, the economy is still crashing and destroying value.
Enter Donald Trump with a new idea. How about taking the results of all of this contrived inflation and use it in reverse? Why not go back to a Gold standard but do not peg the price of Gold? Why not let Gold find it’s value in the market and let our dollar’s value be tied to that value. All we and the rest of the world needs to know is our Treasury has in it’s vaults enough Gold to support it’s value of one dollar. That, is what 650 plane loads of Gold buys us.
That 2024 Trump dollar has 1/375th of the real value of an 1890 dollar, but it makes it worth a dollar backed by Gold! The better news is America has assets that were bought with Gold backed dollars many years ago that has appreciated thanks to inflation to be value today at $500 Trillion. We can now put those inflated assets to work for us and stop paying income taxes.
That is how a businessman solves complex problems. Hang on, this story is going to get better by the day!
One other point. Killing Trump is not going to stop this from happening. His transition team now knows the story and they will not stop what was set in motion in 2017. The Gold is here. The rest is in just telling the story. The evil doers are caught, living and dead. The story of how America has been mis-managed by our politicians is well documented. Our problem is we were not taught to see the corruption as it was laid on us by evil people. You might say we were all victims of their fraud. The good news is Trump is flipping the story upside down and it makes more sense.
I remember running the numbers a while back when such topics were being discussed. What is 650 plane loads of gold worth, anyway? A C-17 Globemaster has a useful load of about 76 MT (metric tonnes), some configurations of B747 freighters reach 100 MT. So for simplicity, let's say 100 MT per planeload.
650 planes x 100 MT/plane = 65,000 MT = 65,000,000 kg (1 MT = 1000 kg)
65,000,000 kg x $85,500 / kg (current spot price for gold) = somewhat more than $5,000,000,000,000 or 5 trillion dollars.
US GDP is around 29 trillion dollars. US money supply is 21 trillion dollars. Currency and credit derivatives (another problem) run $635 trillion. Total unfunded liabilities $221 trillion (all data from usdebtclock.org).
Is $5T enough gold to backstop the US economy, Jim? I don't have the answer to that question...
The $221 Trillion of unfunded liabilities are in the future and the calculation is based on fiat dollars and present growth assumptions. So, that number is useless. Currency and credit derivatives are speculative risks to be borne by the speculators.
The 21 Trillion of money supply is not the amount in circulation which is just $2.7 Trillion which would say your $5 Trillion is adequate to back our dollars with Gold plus our Treasury already has an unknown quantity of Gold for backing that Paul Ryan keeps asking for the Treasury to report.
So, I agree with you that we have a lot of unanswered questions that are way beyond my ability to address. But, I think much smarter people are working this out as we speak. And, that is what scares the heck out of politicians who have been screwing us for their entire careers.
"the amount in circulation which is just $2.7 Trillion" -- I think that answers the question at least in a simple incarnation. Which is probably good enough. Few people will want to actually exchange gold certificates (what USD used to be called, when it was backed by real gold) for coins because the paper money is easier to use. So long as they know they can, and believe in the value of the paper (because it could be converted on demand), that's all it takes. And that depends on having more than enough for any reasonably foreseeable eventuality.
If you divide the 2.7 Trillion dollars in circulation by the population of America, you get about $8000.00 per person. Who is carting around that sort of cash other than drug dealers?
I believe the vast majority of our circulating dollars are sitting in banks for customers to access as needed. So, the actual exchange of cash can be accomplished in short order and most Trump Gold dollars will still be sitting in banks waiting for customers to need them.
I actually think this whole change can be painless but revolutionary. I checked my wallet and my personal demand for Trump dollars is under $124! I bet most of us have about the same or slightly more. Everything I own can be repriced by doing nothing at a dollar per dollar.
Jim and Wild Bill, all this gold information is fascinating! Some of it makes my blonde head hurt, though LOL! So here's a probably dumb question - if all this wonderful stuff happens in the next Trump term, will gold owned by private citizens (like coins and high-karat jewelry) become more or less valuable?
That, Margaret, is a really great question that needs study. Earlier I calculated that we had realized 3.7% inflation over the last 134 years based on using a $20 gold piece from 1890 and today’s Gold price of about $2700. That is actually just math. But, has inflation truly been my calculated 3.7%? We know it was over 21% during the Biden administration alone, but if it was just 2.5% since 1890, then an ounce of Gold today is worth just $547.00. So, the actual inflation is likely over 2.5% per year but it may not be as high as 3.7%. The value of an ounce is what willing sellers will accept and willing buyers will agree to pay. That is the only fact we can rely on.
Is it fairly priced today? Absolutely yes! Is it over priced? Time will tell because it is priced on opinion and rarity. A better question is, “Is Bitcoin over priced?” Quite frankly I think so because I cannot see where the value is derived. With Gold I know how hard it is to mine an ounce or pan for an ounce in a steam. Gold is rare for reasons that make sense to me. But buying at today’s price is just a speculation on the future.
But, may I quote Hillary again? “At this time, what difference does it make?” We are all in this together and I believe Trump is heading America in a new and better direction and has been since early 2017.
Agreed on both gold and BTC. The problem with BTC is that its value is based on the difficulty of a specific cryptographic calculation (SHA256, for those who care). And such problems, while difficult today, eventually get solved (in the cryptographic world, they say the code is 'broken') and anyone will be able to do it with minimal effort. Then what is BTC worth?
I read somewhere that since anyone cared, an ounce of gold would buy a bespoke men's business suit. That is one decent point of valuation valid over a significant time interval (centuries).
Nobody can 'break' the code to mine gold, that is, until we have a means of travel through space to mine asteroids made of gold, or some equivalent. But then, we'll have different things to concern ourselves with...
Can you imagine what it would cost per ounce to mine an asteroid and then get the Gold back to Earth? I would guess a couple million per ounce. Of course with inflation that may look cheap in a number of years! I like your men’s suit valuation. That is a truly solid unit of value for comparison.
A million per ounce or more -- with today's technology. What if the things hidden from us make it possible to do it for a factor of a million less? [They] have been hiding many things from us. I think Trump knows something -- maybe a lot -- about this. His uncle (an MIT engineering prof) was given custody of Nikola Tesla's papers after Tesla's death.
Wild Bill, you have my mind racing because you ask great questions that get me thinking. I was immediately thinking about a great line used by Hillary Clinton concerning Benghazi. “At this time, what difference does it make?”
I do not mean to be rude, the point is the key. When Gold is not pegged directly to a specific coin, what matters is our Treasury has sufficient Gold to cover any Gold backed dollar presented. Today that would take 2700 of them to claim one ounce, but we have no one ounce coins. But the key is we “say” we have the Gold and the 650 plane loads says that is true. Case closed!
Now, how about those 21 Trillion greenbacks floating around the world? We have under 3 Trillion in circulation so if we print 2.5 Trillion Trump Gold dollars, each is worth $2 of Gold which is nuts! That is just the math of 650 plane loads. But, if Trump distributes those Gold dollars and tells us to take our greenbacks and exchange them one for one, the 2.5 Trillion will be sucked up quickly and the majority of greenbacks in circulation will disappear. Petro dollars off shore will need to find their way back to America to become Trump dollars and this may well create the opposite of the 1869 Gold room of Jay Gould. It may require 1.5 greenbacks to buy one Trump dollar in America. It isn’t that the greenback isn’t actually worth a dollar, it is just that getting it exchanged is troublesome due to the scarcity of getting to a Trump dollar. So, some of that 21 Trillion may dissolve. So, I agree with Hillary. Trump has already solved the problem of our fiat dollar and it is just a matter of time before everyone gets the story right. Most people will just go to the bank and exchange their cash for Trump cash and thank God for Trump. Everything of value will immediately be priced in Trump dollars and nothing will change because a dollar is still a dollar. The FED will disappear as it will no longer be needed to manipulate interest rates for the government’s survival.
By the way, if the 1871 plan had been allowed to continue and we became bankrupted without the 650 loads, the Cabal would have laid claim to that $500 Trillion of assets and we would have legally become their slaves. That is what bond holders get, the assets that remain after bankruptcy. The shareholders get absolutely nothing!
But, what is the true value of our assets? In foreclosure it would not be $500 Trillion, it would be close to zero because who could or would buy them? Those assets are only worth what they can generate as income over time and that is what Trump and Musk have proposed. Let’s put our assets to work for us.
Regarding Ashe in America's take on deportation: When it be pointed out that the same democrat ideologists that are complaining about "who will pick the cotton?" are the same that did not want slavery abolished?
I’ve also noticed that none of the liberal idiots and Democrats have bothered to take any of these “migrants” into their homes. I don’t think a single one of them has offered to let them move in and room with one of their kids, or you know, set up some bunkbeds in the living room. I don’t think any of these leftist liberal idiots Have volunteered to pay for any of their education, housing, medical care, food, clothing, etc. where are the job training programs??? It’s all mindless virtue signaling. For some reason these idiots want the destruction of the very country in which they live. It’s insanity.
Hell, they kicked them all out of Martha's Vineyard when Ron flew up a couple commuter jets full of them. Made a pretty big deal out of it at the time, too.
Part virtue signaling and part self destruction. The woke mind virus at work.
Once again, the Brief is filled with good news for Our Side. Since the election, I read each new offerring at least twice every morning. Winning is great. Sitting here drinking hot coffee with French Vanilla ice cream is great. Looking out the window at the snow falling and blanketing everything is not great. Egad, gadzooks, and fiddlesticks!
Snow is nice to look at and sometimes to play in... having to shovel a metre (3 feet) of it out of your driveway, along with the big piles on the street end left by the town crew's snowplow, just to get to town... not so much so.
Don't you just love it Ashe: "The revolution is not televised, it’s podcasted and blogged, and those who repeatedly, nefariously betrayed the American people are about to receive a justly deserved penalty. — Ashe in America"
The Logan Act as I understand it says it is illegal for a private citizen to negotiate on behalf of the United States. It says nothing about a private citizen acting as a peacemaker, aiding negotiations between two other sovereign parties, in this case Russia and Ukraine.
I love these daily updates. I am a paid subscriber to Badlands. Now, all of a sudden (past week or so?) the latest article has not been appearing in my Substack inbox and I have to search for it. Bizarre.
That’s happened to me a couple times. It seems to correct itself. One day I was irked because it wasn’t there in my email notifications and when I went looking for it I realized it was Saturday!!
What day is it? Husband and I frequently check with each other on that! 😉❤️🕊
Regarding the painting by Nuutzen: Nuutzen was the last name of an art forger in the very hot remake of “The Thomas Crown Affair”. My wife and I try to recreate the stair step scene at least once a year!
8 And then the lawless one will be revealed, whom the Lord Jesus will kill with the breath of his mouth and bring to nothing by the appearance of his coming. 9 The coming of the lawless one is by the activity of Satan with all power and false signs and wonders, 10 and with all wicked deception for those who are perishing, because they refused to love the truth and so be saved. 11 Therefore God sends them a strong delusion, so that they may believe what is false, 12 in order that all may be condemned who did not believe the truth but had pleasure in unrighteousness.
Which of these appointees isn't zionist/isreal first?
My next question to the commenter's here would be "do you know what a zionist is?" If so, then everyone here should know who in our government is zionist/isreal first.
It's not a trick question by any means. The fact the audience here seems clueless and haven't given a definitive answer speaks volumes.
Why do your own research when others can do it for you?
That's why the audience here doesn't subscribe to the things I put forth. Nor will a site like Badlands ever talk about it.
I am all for states' rights as well but that only extends as far as their alignment with the Constitution. The contract the state made with the USA was to adhere to the Constitution and though their state constitution can be made more personal to the citizens of the region it cannot run counter to the Constitution. Since harboring perpetrators of illegal actions is a violation of the Constitution, no state can pass any act or law allowing them to violate the Constitution. It is that simple.
States' rights, most certainly; within the legal framework allowed.
GAETZ OR BUST!!!
Agreed. He's worth fighting for, if for no other reason (and there are many) than to show the 'real senators' from the fake.
“ GAETZ OR BUST!!! ”
— Love that!!!
Thanks again to all of the writers and commenters here on the Brief (and yes - I do mean "all" because that is what a forum invites).
One of the lessons I learned in my career was that - typically - having someone read a proposition allowed them to activate three "gates" - seeing, hearing, and speaking. The last one being the result of the fact that most of the time when we read something, the voice we hear is our own, causing us to be more aligned with or agreeable to that which we read: and this is true (maybe even more true) even if the information is read silently.
However, when we read something written by (or previously spoken by) someone we know well enough, the reading "voice" belongs to them and our opinion of them is reinforced (whether positive or negative) in the very act of reading.
I mention this to support the following: AiA's quote from Trump's first inaugural address sounded really good this morning! The cost for those guilty of betraying the citizens of this country will be "collected" - retribution is coming!
Interesting about whose “voice” is in your mind when reading!
I’ve listed to Trump’s speech, referenced, so many times I do hear Trump’s voice even when quietly reading !
HGV’s thought is astute. That was the first time I’d READ those words — and yes, in his voice and inflection. Powerful and somehow new.
Thank you Ashe!
—Excellent example of one of the most important things you have taught us, 🐅 ‘…not as a sequence of organically-unfolding events, but as a narrative template being first seeded and then rolled out along a pre-set timeline. Thank you!
—Astute Ashe! ‘There is a plan — it’s playing out before our eyes. The revolution is not televised, it’s podcasted and blogged, and those who repeatedly, nefariously betrayed the American people are about to receive a justly deserved penalty.’ #2 definition of retribution is what is applicable here…a justly deserved penalty. The cabal’s minions should be very nervous. 😬
—Ghost, thank you for the background on Brendan Carr! One more competent and based arrow in the multifaceted sling. NCSWIC.
—Any state or local law, such as sanctuary for illegals, that is not made in accordance with the Constitution is not law. These officials are treasonous. GITMO.
—Unconstitutional Department of Education likely one of the first to go. 🧐Wonder if Linda is to remove barriers? Protect the documentation?
—Lutnik will apparently be a very good thing for ‘we the people.’ I looked him up and wonder how many roles he will play.
—Thanks again, Ghost! I minored in art history and had never heard of him either.
—Lawfare as we’ve seen in the past few years is a tool for tyranny. It will be stopped!
God bless Ashe, BB and Ghost (and the commenting community) for their desire for truth.🙏🙏. You’all are MUCH appreciated.
I do believe you, ALtab, just wrote my favorite quote of the day: “ One more competent and based arrow in the multifaceted sling. NCSWIC.”
(or quiver)
Altogether wonderful insights 🙏❤️💫
Featherjourney ghost-wrote my comment.for me. 😉
The South elevator (one of two) in our building hasn’t operated for months (harkens “Big Bang Theory” show) We came home from GART and 👀 the indicators were lit up! My initial reaction was: what if I get on that elevator and it takes me somewhere I have never been????
Thanks for The Brief. Love to all!
Not sure if you intended to parallel your experience to the larger stories, but the implications of the "partly known" (which can be even more frightening than the "fully unknown" - at least for some) were palpable. Thanks for the "ride".
Yes. Intended
That's wild!~ We love Big Bang. Didn't the elevator start working again in the last episode?
I think they showed a “prequel” scene about how it became inoperable in the first place. It had to do with a volatile experiment undertaken by Sheldon and ended with an explosion in the elevator.
Yes! I remember that now. It was a great show. Dear husband and I are both Star Trek and sci-fi fans in general, and we especially loved the series finale. Also, the pharmaceutical rep story line ended up being quite accurate, with all the crazy drug side effects they joked about! Truth disguised as comedy.
I love all of the news and our takes that put it into perspective. I get frustrated when none of the news actually helps explain the economics behind how Trump can resolve problems no politician could have solved in the past. This phenomenon is what excites me.
In 1890, to just pick a year at random, you could go to any bank and exchange a twenty dollar bill for a double-eagle Gold coin. On a Sunday in 2024 you can go onto your cell phone and order that exact same double/ eagle for three easy payments of $1275.00. Every week I watch these paid ad shows on FOX News and marvel at what I am seeing. The story is always the same and they brag that these coins are all found in “stashes” discovered in Swiss banks. The coins were sent to the bank in 1933 after FDR outlawed the ownership of Gold by U.S. citizens! And there you have the whole story right in front of your eyes. The problem is, apparently I am the only person who understands the story.
In 1890, the twenty dollar Gold coin was worth $20 just like the twenty dollar bill. That was because our government had set the value of Gold at $20.67 per ounce. They pegged the price and it was considered to be a constant for all economic calculations. But today that same coin is priced at $3675.00 per ounce. But, that is because of the rarity of finding an MS-63 condition 1890 Gold double-eagle. But, we know an ounce of Gold can be bought for about $2725.00 on the market. Do you see the problem that has been solved? Gold is not pegged to the price of a government coin’s value. So, what limited our government in 1890 by basing our currency on the value of Gold was the price they set on Gold. This is what frustrated the bankers and why they hated Gold. What the bankers wanted was for the dollar to be backed by nothing but our assumption of it’s value. That is why the bankers came up with the elaborate plan we have witnessed since 1871. By creating panics in our system they got us to buy into a scheme that gave them our fiat currency of today, and that is the problem we face today. Doing the reverse math, our $2725 ounce of Gold was a $20 ounce in 1890. That is an inflation rate of 3.7% per year. Another way to look at this is a twenty dollar bill today still buys $20 of value but in 1890 it would have bought $2725 of value. There we can see how our fiat dollar has been used against us for well over a century. Inflation was sold to us as a stabilizing force because it kept the economy from crashing and destroying value. But, the economy is still crashing and destroying value.
Enter Donald Trump with a new idea. How about taking the results of all of this contrived inflation and use it in reverse? Why not go back to a Gold standard but do not peg the price of Gold? Why not let Gold find it’s value in the market and let our dollar’s value be tied to that value. All we and the rest of the world needs to know is our Treasury has in it’s vaults enough Gold to support it’s value of one dollar. That, is what 650 plane loads of Gold buys us.
That 2024 Trump dollar has 1/375th of the real value of an 1890 dollar, but it makes it worth a dollar backed by Gold! The better news is America has assets that were bought with Gold backed dollars many years ago that has appreciated thanks to inflation to be value today at $500 Trillion. We can now put those inflated assets to work for us and stop paying income taxes.
That is how a businessman solves complex problems. Hang on, this story is going to get better by the day!
One other point. Killing Trump is not going to stop this from happening. His transition team now knows the story and they will not stop what was set in motion in 2017. The Gold is here. The rest is in just telling the story. The evil doers are caught, living and dead. The story of how America has been mis-managed by our politicians is well documented. Our problem is we were not taught to see the corruption as it was laid on us by evil people. You might say we were all victims of their fraud. The good news is Trump is flipping the story upside down and it makes more sense.
I remember running the numbers a while back when such topics were being discussed. What is 650 plane loads of gold worth, anyway? A C-17 Globemaster has a useful load of about 76 MT (metric tonnes), some configurations of B747 freighters reach 100 MT. So for simplicity, let's say 100 MT per planeload.
650 planes x 100 MT/plane = 65,000 MT = 65,000,000 kg (1 MT = 1000 kg)
65,000,000 kg x $85,500 / kg (current spot price for gold) = somewhat more than $5,000,000,000,000 or 5 trillion dollars.
US GDP is around 29 trillion dollars. US money supply is 21 trillion dollars. Currency and credit derivatives (another problem) run $635 trillion. Total unfunded liabilities $221 trillion (all data from usdebtclock.org).
Is $5T enough gold to backstop the US economy, Jim? I don't have the answer to that question...
The $221 Trillion of unfunded liabilities are in the future and the calculation is based on fiat dollars and present growth assumptions. So, that number is useless. Currency and credit derivatives are speculative risks to be borne by the speculators.
The 21 Trillion of money supply is not the amount in circulation which is just $2.7 Trillion which would say your $5 Trillion is adequate to back our dollars with Gold plus our Treasury already has an unknown quantity of Gold for backing that Paul Ryan keeps asking for the Treasury to report.
So, I agree with you that we have a lot of unanswered questions that are way beyond my ability to address. But, I think much smarter people are working this out as we speak. And, that is what scares the heck out of politicians who have been screwing us for their entire careers.
"the amount in circulation which is just $2.7 Trillion" -- I think that answers the question at least in a simple incarnation. Which is probably good enough. Few people will want to actually exchange gold certificates (what USD used to be called, when it was backed by real gold) for coins because the paper money is easier to use. So long as they know they can, and believe in the value of the paper (because it could be converted on demand), that's all it takes. And that depends on having more than enough for any reasonably foreseeable eventuality.
Thanks for the discussion.
If you divide the 2.7 Trillion dollars in circulation by the population of America, you get about $8000.00 per person. Who is carting around that sort of cash other than drug dealers?
I believe the vast majority of our circulating dollars are sitting in banks for customers to access as needed. So, the actual exchange of cash can be accomplished in short order and most Trump Gold dollars will still be sitting in banks waiting for customers to need them.
I actually think this whole change can be painless but revolutionary. I checked my wallet and my personal demand for Trump dollars is under $124! I bet most of us have about the same or slightly more. Everything I own can be repriced by doing nothing at a dollar per dollar.
Jim and Wild Bill, all this gold information is fascinating! Some of it makes my blonde head hurt, though LOL! So here's a probably dumb question - if all this wonderful stuff happens in the next Trump term, will gold owned by private citizens (like coins and high-karat jewelry) become more or less valuable?
That, Margaret, is a really great question that needs study. Earlier I calculated that we had realized 3.7% inflation over the last 134 years based on using a $20 gold piece from 1890 and today’s Gold price of about $2700. That is actually just math. But, has inflation truly been my calculated 3.7%? We know it was over 21% during the Biden administration alone, but if it was just 2.5% since 1890, then an ounce of Gold today is worth just $547.00. So, the actual inflation is likely over 2.5% per year but it may not be as high as 3.7%. The value of an ounce is what willing sellers will accept and willing buyers will agree to pay. That is the only fact we can rely on.
Is it fairly priced today? Absolutely yes! Is it over priced? Time will tell because it is priced on opinion and rarity. A better question is, “Is Bitcoin over priced?” Quite frankly I think so because I cannot see where the value is derived. With Gold I know how hard it is to mine an ounce or pan for an ounce in a steam. Gold is rare for reasons that make sense to me. But buying at today’s price is just a speculation on the future.
But, may I quote Hillary again? “At this time, what difference does it make?” We are all in this together and I believe Trump is heading America in a new and better direction and has been since early 2017.
Agreed on both gold and BTC. The problem with BTC is that its value is based on the difficulty of a specific cryptographic calculation (SHA256, for those who care). And such problems, while difficult today, eventually get solved (in the cryptographic world, they say the code is 'broken') and anyone will be able to do it with minimal effort. Then what is BTC worth?
I read somewhere that since anyone cared, an ounce of gold would buy a bespoke men's business suit. That is one decent point of valuation valid over a significant time interval (centuries).
Nobody can 'break' the code to mine gold, that is, until we have a means of travel through space to mine asteroids made of gold, or some equivalent. But then, we'll have different things to concern ourselves with...
Can you imagine what it would cost per ounce to mine an asteroid and then get the Gold back to Earth? I would guess a couple million per ounce. Of course with inflation that may look cheap in a number of years! I like your men’s suit valuation. That is a truly solid unit of value for comparison.
A million per ounce or more -- with today's technology. What if the things hidden from us make it possible to do it for a factor of a million less? [They] have been hiding many things from us. I think Trump knows something -- maybe a lot -- about this. His uncle (an MIT engineering prof) was given custody of Nikola Tesla's papers after Tesla's death.
We shall see...
Wild Bill, you have my mind racing because you ask great questions that get me thinking. I was immediately thinking about a great line used by Hillary Clinton concerning Benghazi. “At this time, what difference does it make?”
I do not mean to be rude, the point is the key. When Gold is not pegged directly to a specific coin, what matters is our Treasury has sufficient Gold to cover any Gold backed dollar presented. Today that would take 2700 of them to claim one ounce, but we have no one ounce coins. But the key is we “say” we have the Gold and the 650 plane loads says that is true. Case closed!
Now, how about those 21 Trillion greenbacks floating around the world? We have under 3 Trillion in circulation so if we print 2.5 Trillion Trump Gold dollars, each is worth $2 of Gold which is nuts! That is just the math of 650 plane loads. But, if Trump distributes those Gold dollars and tells us to take our greenbacks and exchange them one for one, the 2.5 Trillion will be sucked up quickly and the majority of greenbacks in circulation will disappear. Petro dollars off shore will need to find their way back to America to become Trump dollars and this may well create the opposite of the 1869 Gold room of Jay Gould. It may require 1.5 greenbacks to buy one Trump dollar in America. It isn’t that the greenback isn’t actually worth a dollar, it is just that getting it exchanged is troublesome due to the scarcity of getting to a Trump dollar. So, some of that 21 Trillion may dissolve. So, I agree with Hillary. Trump has already solved the problem of our fiat dollar and it is just a matter of time before everyone gets the story right. Most people will just go to the bank and exchange their cash for Trump cash and thank God for Trump. Everything of value will immediately be priced in Trump dollars and nothing will change because a dollar is still a dollar. The FED will disappear as it will no longer be needed to manipulate interest rates for the government’s survival.
By the way, if the 1871 plan had been allowed to continue and we became bankrupted without the 650 loads, the Cabal would have laid claim to that $500 Trillion of assets and we would have legally become their slaves. That is what bond holders get, the assets that remain after bankruptcy. The shareholders get absolutely nothing!
But, what is the true value of our assets? In foreclosure it would not be $500 Trillion, it would be close to zero because who could or would buy them? Those assets are only worth what they can generate as income over time and that is what Trump and Musk have proposed. Let’s put our assets to work for us.
Brilliant. Thank you!!!
So much Truth today.
Regarding Ashe in America's take on deportation: When it be pointed out that the same democrat ideologists that are complaining about "who will pick the cotton?" are the same that did not want slavery abolished?
I’ve also noticed that none of the liberal idiots and Democrats have bothered to take any of these “migrants” into their homes. I don’t think a single one of them has offered to let them move in and room with one of their kids, or you know, set up some bunkbeds in the living room. I don’t think any of these leftist liberal idiots Have volunteered to pay for any of their education, housing, medical care, food, clothing, etc. where are the job training programs??? It’s all mindless virtue signaling. For some reason these idiots want the destruction of the very country in which they live. It’s insanity.
Hell, they kicked them all out of Martha's Vineyard when Ron flew up a couple commuter jets full of them. Made a pretty big deal out of it at the time, too.
Part virtue signaling and part self destruction. The woke mind virus at work.
We used to call this idiotic type of thinking "cutting your nose off to spite your face"!
🤣🤣🤣
Once again, the Brief is filled with good news for Our Side. Since the election, I read each new offerring at least twice every morning. Winning is great. Sitting here drinking hot coffee with French Vanilla ice cream is great. Looking out the window at the snow falling and blanketing everything is not great. Egad, gadzooks, and fiddlesticks!
Snow is nice to look at and sometimes to play in... having to shovel a metre (3 feet) of it out of your driveway, along with the big piles on the street end left by the town crew's snowplow, just to get to town... not so much so.
Yum - I love hot coffee and ice cream together! Snow? What part of the country are you in? I want some for Christmas in OK!
Don't you just love it Ashe: "The revolution is not televised, it’s podcasted and blogged, and those who repeatedly, nefariously betrayed the American people are about to receive a justly deserved penalty. — Ashe in America"
FAFO
GBPH you keep me laughing, thanks.
Winning Biggly is fun!
God Wins!
God Bless!!!
That painting should have been a no brainer. The style is late 19th century impressionistic and the clothes are late 20th century.
https://www.youtube.com/watch?v=S12lkhgM4uA
Matt Gaetz = Chief Flamethrower. Let's Go!
This long-range missile thing is a false-flag to get Trump charged with Logan Act violations like Gen. Flynn...hope he doesn’t fall for it
There are countermeasures and he won’t fall for this, unless it completely exposes everything!
The Logan Act as I understand it says it is illegal for a private citizen to negotiate on behalf of the United States. It says nothing about a private citizen acting as a peacemaker, aiding negotiations between two other sovereign parties, in this case Russia and Ukraine.
I love these daily updates. I am a paid subscriber to Badlands. Now, all of a sudden (past week or so?) the latest article has not been appearing in my Substack inbox and I have to search for it. Bizarre.
That’s happened to me a couple times. It seems to correct itself. One day I was irked because it wasn’t there in my email notifications and when I went looking for it I realized it was Saturday!!
What day is it? Husband and I frequently check with each other on that! 😉❤️🕊
Regarding the painting by Nuutzen: Nuutzen was the last name of an art forger in the very hot remake of “The Thomas Crown Affair”. My wife and I try to recreate the stair step scene at least once a year!
Which one of these appointees aren't zionists/isreal first people?
Matt Gaetz - Attorney General
Tulsi Gabbard - Director of National Intelligence
Marco Rubio - Secretary of State
Dan Scavino - Deputy Chief of Staff
James Blaire - Deputy Chief of Staff (Legislative/Political/Public)
Taylor Budowich - Deputy Chief of Staff (comms & personnel)
Stephen Miller - Homeland Security Adviser
Elon Musk - Department Of Government Efficiency
Vivek Ramaswamy - Department Of Government Efficiency
Pete Hegseth - Secretary of Defense
John Ratcliffe - CIA Director
William McGinley - White House Counsel
Mike Huckabee - Ambassador to Israel
Mike Waltz - National Security Advisor
Kristi Noem - Homeland Security Secretary
Lee Zeldin - Environmental Protection Agency Administrator
Tom Homan - Border Czar
Elise Stefanik - UN Ambassador
Susie Wiles - Chief of Staff
Joe "tc" Lange - Department of Redundancy Department Secretary
I have to be redundant. The target audience is obtuse.
2 Thessalonians 8-12
8 And then the lawless one will be revealed, whom the Lord Jesus will kill with the breath of his mouth and bring to nothing by the appearance of his coming. 9 The coming of the lawless one is by the activity of Satan with all power and false signs and wonders, 10 and with all wicked deception for those who are perishing, because they refused to love the truth and so be saved. 11 Therefore God sends them a strong delusion, so that they may believe what is false, 12 in order that all may be condemned who did not believe the truth but had pleasure in unrighteousness.
"Therefore God sends them a strong delusion, so that they may believe what is false"
Joe…what’s your conclusion here? Do you believe we are trading one tyrant for another?
Blessings.🙏
I'm asking a simple question.
Which of these appointees isn't zionist/isreal first?
My next question to the commenter's here would be "do you know what a zionist is?" If so, then everyone here should know who in our government is zionist/isreal first.
It's not a trick question by any means. The fact the audience here seems clueless and haven't given a definitive answer speaks volumes.
Why do your own research when others can do it for you?
That's why the audience here doesn't subscribe to the things I put forth. Nor will a site like Badlands ever talk about it.
Big Mike is a Zionist
I am all for states' rights as well but that only extends as far as their alignment with the Constitution. The contract the state made with the USA was to adhere to the Constitution and though their state constitution can be made more personal to the citizens of the region it cannot run counter to the Constitution. Since harboring perpetrators of illegal actions is a violation of the Constitution, no state can pass any act or law allowing them to violate the Constitution. It is that simple.
States' rights, most certainly; within the legal framework allowed.