This text was transcribed from a video, hence the odd use of language at times.
In this day and age it's interesting that we have the fake news meme that has arisen in the public conscious. The absolutely fake media are attacking alt media sites - a case of the pot calling the kettle black - and censoring any debate that might counter their agenda. They are attempting to stop any discourse that suggests that the news they themselves might present is false.
We live in a world of fakery. Everything is fake, from the television, sports, the news, reality TV, sports, cooking celebrities, sports, home renovation shows, the Internet....did I mention sports? The Facebooks and Twitters of this world (I prefer to call them Fakebook and Fritter) - where people don't truly, physically connect with each other. These people don't really give a shit about you - those 200 - 500 friends don't care about you. The person who contacted you on Facebook after five years of not seeing you is using you to collect trinkets. You are a trinket to them. Unless they actually go out of their way to speak to you and see you the contact is completely meaningless. Your real friends are the people you meet with in person.
Even on a day-to-day level we're all fake. Most of our daily communications are noise. A lot of the things we put our energies into - the things we're forced to do - are essentially meaningless. How often in your daily dealings are you forced to look something up on the Internet? To do your daily transacting, to operate at work, to meet new people, to find the nearest hardware store? We're being herded into a virtual existence at an ever-increasing rate.
When the politicians stand at their pulpits and speak it's all just waffle. It doesn't mean anything. If you're hanging off their every word it means you've been successfully brainwashed by them and those that are truly in power. The newspapers are awash with experts on crap. They've gone to Harvard or Yale and learnt the system inside-out, but are blind to the fakery that the system is. They're so well educated - brainwashed - that they've lost the ability to discern truth from fakery.
It's all incredibly meaningless. It's all there to fill a void in our hearts. I think it's also there as a means of distraction from the corruption that's existent in society; to give us comfort and distract us from our daily struggles, which get ever greater and which the powers that be have created.
At the heart of the fakery is fiat currency - though I wouldn't call it a heart. At the core of the fakery are these fiat currencies, that are built on promises, on laws, on future labour, on debt. And even fiat currency (cash) is too solid for the powers that be; it's now a representation of the digital currency that forms the bulk of our trasacting - the 1s and 0s on server databases that we don't own. And that is where the powers that be want to take it, the ones that have created this disaster of a society. They want us to go more and more fake in a monetary sense and in all aspects of our lives. They want us to go digital and do away with any semblance of reality. If they could have their way we'd exist as digits on their hard drives - but we'd probably take up too much space for them and be deleted pretty quickly.
If you're a precious metals investor, you've seen over the last month the brutal nature of their attacks on the prices of gold and silver. These markets, however, are also fake. They were designed to keep the values of gold and silver suppressed. And they do that job very well - for now. What is playing out on the Comex is a war between the real and the fake, between ghost money - i.e. dollar bills, pounds, Euros etc. - and real money, gold and silver. The Comex prices are not real - they're not really representative of the value of gold and silver. 1s and 0s are fake money and the Comex is fake value. Precious metals are real value, in a monetary sense, when they're in your hands. There's a war being waged on a human level between reality and artifice and, at the end of the day, reality always wins over, reality always comes through. You can only live in fantasyland for so long. One day there will be a day of reckoning, like seeing yourself as a youthful 20 year-old in the mirror when you're in your mid-50s. All the problems that you're unwilling to face now will eventually come to bite you. All the irresponsible debt that you rack up on your credit card will eventually squash you. What's being played out on the Comex is like a ghost fighting hard, powerful and valuable metals with millenia of history backing them. There's a fight going on between something vapid and something hard and impermeable.
The value of fiat currency/ digital currency originally came from the precious metals. The value of the precious metals was usurped by fiat currency and by LAW. What's backing fiat currencies nowadays is law and nothing else. Laws are made up of words, and words are hollow/ empty and can be broken, altered, diluted and whittled down. As a result, the value of these paper promises has diluted over time and will eventually fall to zero. The precious metals hold their value because they are inherently valuable to humans. They - especially gold - are so valuable that they're basically out of sight of humans and so for many of us it's hard to understand exactly why they're valuable. They have power.
Silver poses more of a threat to the powers that be than gold. This becomes fairly clear when you invest in precious metals. There are a number of reasons for this which I won't go into here. In the end the precious metals will overpower fiat currency, either one year at a time or in a sudden spike in price. There's every chance that the prices on the Comex will be zero yet physical gold and silver will be unobtainable. But the people behind it (e.g. Queen Elizabeth II) - the ugly people at the top of the pyramid - will do what they can to keep the little person down and make sure that anyone invested in the precious metals doesn't do exceptionally well out of their investment. They want you to stay in the debt paradigm (fiat) and out of the credit/ capital paradigm (real assets). So if you've invested heavily in gold/ silver you shouldn't be rewarded for it according to them. They want control over us, and that's what it really boils down to - control. Even physical gold and silver are controlled. The denominations for the coins in the photo are $10 for the $300 silver coin and $15 for the $200 gold coin. So if something goes wrong in the fiat currency space they'll no doubt enact a law which means that you can only get $10 or $15 from these coins. With QEII's imprimatur on the back of the coins it means they're legal Australian tender - not that I'd be able to use them as such (imagine me fronting up to McDonald's with this and attempting to pay for a burger with it). If they do go up significantly in value you can be guaranteed that the powers that be will institute laws which rob the little guy of the chance to preserve his/ her wealth or increase it. They already have laws in place which make it difficult to cash in without penalty.
- In Australia there's the Gold Confiscation Act which covers gold and silver coins, gold bullion, but interestingly NOT silver bullion.
- There's the Crimes (Currency) Act which has laws that prevent defacing or selling/ holding defaced coins. Why is this a problem? Well, they want to STOP you from being able to melt down the coins if their material value goes up significantly. Generally I won't buy denominated government coins, but I love the design of the 2016 silver kookaburra and believe it may appreciate sizeably in value due to its collectability.
- There's capital gains tax which may/ may not be applicable depending on the type of gold/ silver you own. The rate also varies depending on various circumstances which I won't go into.
Interestingly, Australia does not charge a sales tax on precious metals of a particular grade. I'm not sure why this is the case - maybe the powers that be want to be able to buy them cheaply for themselves?
So this is a fight. This is a fight between real and fake. I look at fiat currencies as ghost money and I look at gold and silver as real, solid money. Reality wins over fakery; reality wins over an illusion.
Depending on the type of precious metals in your possession, offloading them at a good price may be very difficult. If you do it via a precious metals dealer you'll be subject to fees and taxes, but if you try to do it privately it may be difficult to find a trustworthy buyer. The powers that be have got you under their thumbs.
What else has caught my eye is the whole cryptocurrency space. Disclosure: I own Bitcoin at the moment plus a number of altcoins.
Now cryptocurrencies are just more of the same ghost money in my opinion. It's more of their game. We know that in the gold and silver markets the powers that be want to keep things under control. Why? Because gold and silver are a threat to them. They are direct competitors to fiat and to digital currency, so they keep gold and silver down. However, you'll notice that in the cryptocurrency space the values of Bitcoin, Ethereum and Whatevercoin keep going up and up and up - they're on fire. (This seriously brings back memories of the Dotcom boom and crash.) I bought some Bitcoin and Ethereum about 10 months ago at a PEAK before a pull back...now that investment has tripled in value. One Bitcoin is well over the price of an ounce of gold - this beautiful and REAL substance. And what exactly is Bitcoin? It's just data - 1s and 0s. And please...don't give me the spiel about network infrastructure, mining community, intellectual investment - I've read up on it and understand how it works, more or less. It's an incredible invention but it's also highly suspicious. How the hell did it get its value? Yeah, some guy paid some other guy some Bitcoins for a pizza. Right! I believe there are people behind the scenes who have cleverly unleashed this technology onto the masses. It's interesting that banks and tech people (e.g. Bill Gates) are openly supportive of cryptocurrencies. If the people that are controlling precious metals and keeping them suppressed really wanted to, they could take control of the cryptocurrencies. I think they want us to get in on the game by inducing us with these enticing profits. We are being brainwashed into thinking they're a good thing. They're just another means of control.
The tax treatment of cryptocurrencies in Australia is also interesting. It's favourable to the guy making an investment in the space of under $10,000. The laws are couched in language that's vague. And the reason they're doing that, in my opinion, is because they support Bitcoin and want you to invest in it. They're going to have a laissez-faire attitude about it. Why? Because it's digital currency. At the end of the day, I think they can control these currencies. I'm not exactly sure where they're taking this whole thing...is Bitcoin going to go to $10K, $100K? Who knows. At some point in time I intend to sell all my cryptocurrencies off - probably in stages. I have a good feeling about Ethereum and foolishly swapped out of it and into Bitcoin a few weeks ago. I'd suggest if you're in Ethereum we'll see $200 prices by the end of 2018, if not earlier (written when the price was about $70 USD). I think Steem will also be highly successful because Youtube is developing a very foul smell about it. Steemit needs to have a direct means of uploading videos, however. This is by-the-by, though. I'm very skeptical and do not trust this market. At the end of the day I think they're a scam just like fiat currencies. These cryptocurrencies are ghost money.
So they're my thoughts. And, just as a final thought: When it boils down to it, all these forms of money are not as valuable as a can of beans is to a starving person.