3 Minute Gold News
A Quick Read for Busy People
by: Elaine Diane Taylor
Real Economy vs. the Dow
End of an Empire
Sound Money Sound Empire
Link to vidcast
REAL ECONOMY VS THE DOW
The current numbers we see in the mainstream media and financial markets don’t show the picture of the real physical economy.
In days past there was a direct correlation between the price of the Dow Jones Industrial Average, for an example, and what the industrial base of the country was actually doing.
A high stock price confirmed by the Dow Jones gave a pretty clear picture that the economy was on track and doing better than it was the year before.
Those figures have become skewed.
What you see now are numbers that are poured out mainly due to companies buying their own stock back. This means they have a smaller float so the price of the stock goes higher.
That’s pretty much what you see when you’re nearing the end game of an empire. You will see things look so great because there’s a last push of greatness, where the public used to feel great and they don’t any more.
Everyone in the current ruling empire is out searching for that feeling of greatness now.
Maybe it’s in the best food or the best clothes. Maybe a search for the best music, movies, reality TV show or magazine.
But you can never get enough of what you don’t need.
What the waning empire needs is for a strong moral conviction to be pervasive throughout the society.
And for integrity to reign in the system.
We can break the global economy down to into two ideologies:
The main push of capitalism at the end of an empire is greed.
The main push of socialism at the end of an empire is jealousy.
END OF AN EMPIRE
At the end of the age of an empire you can see the two ideologies probably realize in their heart of hearts that the empire is starting to crumble and the facade is starting to come off.
The nation or community should be working towards better living standards, which doesn’t necessarily mean more ‘stuff’. At this time about 40% of the effort is spent making financial products that don’t produce any physical benefit and yet take up an enormous amount of energy.
This is where the socialists say to the capitalists, “How much stuff do you need you greedy SOBs?”
And the capitalists say to the socialists, “Well, how much stuff do you want us to give to you for doing nothing?”
What we have right now is Crony Capitalism.
This means that if you know the right people or you’re tattooed to the government then you get to produce something even if the market determines it isn’t viable.
So you can make money marketing a product or service that the public doesn’t want. The peoples’ money is spent on things that benefit those connected to power but not the people.
Elon Musk is admirable for his thinking capacity and what he’s done, but it’s ridiculous that the company he has has gone as far as it has. In a free market the company would not have survived to now. The subsidies he has received have kept his company going, and it’s not free market capitalism.
America can’t make America great again by just printing wealth.
It needs integrity and honesty in its wealth. The honest money movement is behind having money created with something tangible and not just digits on a screen.
At the end of an empire you have the ruling class looking to get as much as they can get, and they can never get enough money, houses, cars or private jets to be secure. They are never secure enough.
Nature shows balance and it goes on the thesis of “How much do you need and what do you do with it?”.
This is out of balance at the end of an empire.
SOUND MONEY SOUND EMPIRE
The system needs to get back to an integrity in its money with precious metals. This is because an ounce of silver has as much value to the lower classes as it does to those in the upper classes.
There isn’t generally funny business in between the use of the gold and silver between the classes and so the population has something it can rely on, and the market can move as a true free market.
This is a win-win.
Nothing on this site is intended as individual investment advice. We’re all watching which way the wind is blowing.
Gold is at $1,204.80 U.S. per ounce.
The idea of not getting enough depends on what the individual or group decides it values – very few things are valued the same by everyone.
We work as closed system groups and as individuals, and the power of us humans is that we can join and leave a group for strength or individuality.
As Rudyard Kipling said, “The strength of the Pack is the Wolf, and the strength of the Wolf is the Pack.”
That’s quantum mechanics right there.
Quantum meaning quantity. A quantity of something working as one.
You can never know what an individual particle or person will do, but you can know with quite a lot of certainty what a group acting as one closed system will do.
The group has economies of scale by sharing resources and moving as one large unit, and yet there are times where there are dis-economies of scale where as an individual you can make changes faster, and be more nimble and innovative.
As we have evolved and grown as closed systems of nations we now come to the stage in the rise and fall where those with more power inside the system see that they can loot for their personal benefit with almost no fear of consequences. Those at the top cover for those at the top, or else the whole system comes down. Then they at the top lose power. Unless they can make a new system without alerting the masses that they’re about to be sheered like sheep. The masses acting as one for their group benefit are more powerful than the elite working as one for their own benefit. But it’s tricky to get the masses to agree on anything.
So the looting usually drains the system from within until the group is either too weak to withstand an attack from without, or else the smaller subgroups inside the system see the lack of leadership strength and fight with each other for resources.
Either way the system as it was no longer lives.
The advance in digital communication makes the idea of physical nations based on geography much less of a thing. An individual can physically reside anywhere on earth or off geographically and yet be connected as a unit with someone almost anywhere else.
Physical capital as a nation’s advantage is not longer as big an issue. People move and their presence can move instantly. A presence in the digital world needs a medium, being electricity, just as a presence in the material world needs air for sound waves to bodies to move..
Humans moved from air with sound waves and physical clubs and fists to dominate, to written symbols and the printing press to dominate ideology and group masses for strength of movement, to then electricity and the instant movement of images, sound and symbols.
The control of the method of communication always gave control over the larger group. The British Empire controlled the shipping lanes and had the ruling empire. The United States controlled the air and had the ruling empire. Who will rule space as humans expand into a greater geographical area?
Money is a symbol of communicated value. That’s what it is. It’s a physical or digital object as a unit that is compressed in time and space, It’s changed as communication has change. From feathers to shells, to gold to paper to electronic digits.
But it is the movement of the communication of value that hasn’t changed.
A government creates fiat currency to move it’s money. It used to move physical money and then discovered that the threat of force and the confidence in the ability to play out that force means a piece of paper with a number means it represents that unit as stated.
Fiat means a thing is created merely by the statement that it is. A government has the power to do that with money.
Our individual power joined with others is the power of the group. Strong individual equal a strong group system in the long term. As the system goes through the cycles of expansion and contraction, around the seasons of a spring, summer, fall and winter, the individuals alternate between individual advantages of quick movement and innovation for the benefit of the group, to acting as one for the group advantages of bulk strength and shared resources.
Here’s the problem we’re looking at in the current ruling empire system. Individuals with power have looted for personal gain at the expense of individuals with less money and power. If you do this for too long the system collapses from exhaustion. A normal contraction in the market was diverted in 2008 by those with power, so that they could individually still accumulate at the expense of the masses.
They created artificial money not backed by the production of the masses. In effect borrowing from the future. They created a debt obligation and not actually money. It’s just a promise to finish the transaction in the future with money.
They added time to the envelope containing all the world’s GDP value. Then they added bets on the delivery on time. Then bets on the bets. The derivatives in the financial world have created obligations that can’t be paid off.
Because the system is based on fiat, meaning a declaration based on confidence that the ones creating the money have the power to do as they say, it means there must be confidence in the future ability to pay.
Do we have confidence in the future ability to pay up?
Depends on who you ask.
If you make the pie bigger. You could fly into space and harvest the asteroids, creating more physical material and GDP and then the current system could keep going. Hence the new space race.
If you can’t bring in the space metals fast enough to pay enough debt to make a critical mass of humans feel secure then there will be a problem.
There is so much debt in the global system that there is not enough ability to ever pay. Too many promises and not enough trusted money to fulfill.
So who will get what was promised and who will be left with nothing?
The ones who see how many pieces of pie are left in the pan and how many have been promised, and take the pie on a plate instead of a future promise for a bigger piece of pie will get what was promised.
The rest will hold out for greed and have nothing. Or something like what is happening in Venezuela, where there were zeros lopped off the amount they owned.
That problem means that at some point, the exact moment no one knows, there will be a tipping point of non-confidence and some small player will stop trusting he or she will eventually be paid back what they’re owed.
They will ask for a pay out now instead of holding out for a bigger amount.
They will quietly be paid.
Someone will see them be paid and get nervous and ask for their money pay out. And someone will see that. It will grow exponentially in demand because the globe is a complex system. So all is fine until a few people want to get off the ride. Then there will soon not be enough left to keep paying the amounts promised.
For nations, the last item on a long list of derivatives is physical gold. When there is zero trust in a system then nations know they can use gold to trade for what they want and need.
Gold is each nation’s real money. They trade it at their central bank’s bank, called The Bank for International Settlements.
Gold is trusted because it can be melted and remelted. It is not branded and is virtually indestructible. It is element 79. It is virtually inert. It is the same now as it was when it came from the stars, so it can be stored virtually forever without deteriorating.
Individual homes are the same as nations when it comes to banking. They’re just not used to thinking about it that way now.
If those with power come to the place where they see other nations and powerful players getting out of derivative trust arrangements and moving their physical money and gold close to home, they will begin to do the same as a protective measure. Everyone knows the game ends in tears and not everyone wins. But if they hold out they might get a little more than if they got out now.
But it is not in their best interest to have everyone cash out into real money instead of promises to pay in the future.
If more people want physical gold then the price of gold will go up. No one wants the price to be expensive when they buy it.
To accumulate enough gold to protect yourself if the whole globe stops trusting the current financial system, you hope to accumulate the metal quietly before there is a rush to get what was promised now instead of holding on for later.
The rush on gold will send the price up through the roof as the complex system is not just nation to nation now, but is globally interconnected. There will be a shortage as there isn’t enough gold at the current price to cover all the promises. You will be left still holding a handful of promises written on paper.
Then the rules will be changed in something like a foreclosure. Pennies on the dollar for your paper promises to then be cashed out.
Best to transfer those promises to hard, I-don’t-trust-you gold before the rest of the players start.
Is this happening in the world?
Have nations started buying I-don’t-trust-you physical gold?
Yes, Russia and China have been quietly buying gold, and most recently increasing at a faster pace. Other nations, like Turkey, are also buying.
Can a new system be created by the same players if the old one is faulty?
Depends on who does the creating and on how bad the lack of confidence is.
If the masses stop trusting they will panic and run to the banks to withdraw their ‘promise to pay’ bank balances into cash.
The banks have created safeguards for themselves where they can freeze up accounts and drizzle out the cash owned by the depositors. Much has been written lately about bank bail-outs and bail-ins.
If the world leaders see this coming what would we see them doing now?
They would be making new allies, creating another system that will work if the present one stops. They will bring gold they own close to home and stop holding it in other nation’s hands.
Do we see this? In spades.
So why is gold quiet? Why is the world quiet?
A concerted effort by those with power to keep the masses calm while they secure themselves financially would include the use of all media and methods at their disposal. All methods including all ways of communicating. All forms of persuation. All forms of gaslighting.
Physical persuasion would come when the social and mental persuasion stopped working.
That’s where things are heading.
More promises than ability to fulfill. Less and less trust in the current financial system to pay what is promised in the future.
A fight over smaller and smaller amounts of money using trade wars, currency wars and sanctions.
Increasing talk over who is allied with whom. Quiet meetings. Loud meetings.
Each one benefits those attending.
Each meeting is held to define who is in your wolf pack and who is not. What is their strength or threat to the pack. What has value and how to get more or it.
Not getting enough depends on what the individual or group decides it values.
The bigger monetary world values gold.
I’m currently in Vancouver, British Columbia. Just back from the Gold Rush Trail where I received my latest batch of beautiful pure gold flakes and small nuggets for the ‘Wild Luxury’ collection of pure natural gold jewelry. Working hard. Hiking in the wilderness. Out on Okanagan Lake (smoke, smoke, smoke from the wildfires). The first round of printing is at the boutique letterpress printer in Vancouver. Very exciting. Ethically sourced and fair paid gold, ethically sourced and recycled packaging that’s all handmade with care. Hand forged glass with gold straight from the rivers of the British Columbia Cariboo Gold Rush Trail. Beautiful. Wealth, Radiance. Clarity. Light. Health. Honour. Compassion. Love. All the symbols. Gold.
Elaine Diane Taylor~
August 24, 2018
Coins and Crowns
words and music Elaine Diane Taylor
from the album Coins and Crowns available on iTunes
Thank you to Jim Rickards for including me in his bestselling book The New Case for Gold.
A Terrible Breeze (North Korea and Nuclear War)
The news comes down
A little bluebird sings
Words of war
Fire and furious things
Of testing might
‘Til no patience knows
If keeping still
Still keeps you safe at home
It’s a terrible breeze
They speak of today
Of threats that used to live a world away
We all know wind
Can blow both ways
And a terrible breeze can blow it all away
A worldwide net
Sees our village grow
Until we all forget
What each one used to know
How a blind bird’s wings
Can reach the shore
And turn the wheel of peace and war
Village fools sinking down, down, down
Debt and gold wound in numbered shrouds
Deal of a life it’s bread and clowns
Can we afford another go around?
The news comes down.
It’s a terrible breeze. The news comes down.
words and music Elaine Diane Taylor
©2017 Elaine Art & Media SOCAN/ASCAP
Single available on iTunes
I am thrilled about the peace summit and new ways of thinking about the future.
No one wants to turn that wheel of peace and war.
Not Much of a Holiday (Greek Debt and Media Persuasion)
words and music Elaine Diane Taylor
© 2015 Intelligentsia Media, Inc. All rights reserved.
Single available on iTunes
The Greek bank holiday and long lines to get a few euros for the day. Debt deals behind closed doors. The media telling us what opinions to have. China building islands in the South China Sea and claiming all the international waves. More dealing to come. More standing in line for those who owe. Who owes? There’s a long line of nations in debt and this is far from done.
Preparing for the Fall live boutique album available on iTunes — featuring Wag the Dog, Black Swan Dive, American Pie and Gods of the Copybook Headings.
The Gods of the Copybook Headings
words by Rudyard Kipling and music by Elaine Diane Taylor
©2014 Intelligentsia Media Inc.
from the album Preparing for the Fall available on iTunes
The copybooks of the early 1900s gave us all the wisdom we need. The sayings that were copied are the truths, the gods, of our world. All the empires who followed the gods of the marketplace instead have fallen, and there’s terror and slaughter when the gods of the copybook headings return. The lyrics are by Rudyard Kipling. One of my gurus.
Another Week on Wall Street
words and music Elaine Diane Taylor
© 2013 Intelligentsia Media Inc. All rights reserved.
from the album Coins and Crowns available on iTunes
See the bankers wave their Wall Street wands and conjure piles of paper green. Naked short selling is like betting that your neighbour’s house will burn down. But in this scenario it happens to burn down. If the bankers win then we lose the whole world as we know it. I wrote this in 2009, with a lyric “A little grease (Greece) is floating out to sea, and little pigs (Portugal, Italy, Greece and Spain) are bobbing up and down, they’ll send a storm and we’ll see, when the tide goes out who’s naked on the beach“, and it’s coming on now. The world is changing as we know it.