3 Minute Gold News – Oct 15, 2024

3 Minute Gold News

getting safely from here to there – while the world swings hard.

Niccolò Machiavelli wrote that he learned how to rule from “those long dead”. He dressed as one of them, as he visited alone with their words and ideas at the end of his own work day.
Engraved portrait of Machiavelli, from the Peace Palace Library's Il Principe, published in 1769He believed politics has always involved deception, treachery, and crime.
Marshall McLuhan said “Machiavelli wrote, ‘There is one rule for business and another for private life.'”
He was noticing the effect and meaning of the printed word in separating writer and reader, producer and consumer, ruler and ruled, into sharply defined categories.”
Before the printing press there was no public life and private life split. The scribe produced while involved in reading. There was no “author” because it was created while being read and rewritten over and over.
Print turned vernacular into mass media.
One-to-many little closed systems. Fragmented. Separate functions as separated sounds and marks, reunited privately in ones mind while reading.
We’ve now turned mechanical print into electric-magnetic medium memes.
Instant understanding, as a lightbulb turns off and on. A flood of understanding at once. This centralizes as it communicates in a uniform instant understanding, a force that forms and reforms modern nationalism.
There was no concept of nationalism before print separated individuals into cookie cutter repeatable soldiers.
It completely changes time and space.
Machiavelli letter:
“When evening comes, I go back home, and go to my study. On the threshold, I take off my work clothes, covered in mud and filth, and I put on the clothes an ambassador would wear. Decently dressed, I enter the ancient courts of rulers who have long since died. There, I am warmly welcomed, and I feed on the only food I find nourishing and was born to savour. I am not ashamed to talk to them and ask them to explain their actions and they, out of kindness, answer me. Four hours go by without my feeling any anxiety. I forget every worry. I am no longer afraid of poverty or frightened of death. I live entirely through them.”
His experience and reading showed him that politics has always involved deception, treachery, and crime.
Personal conduct is not that of political.
Politics and ruling has always involved the conduct we don’t uplift in home life or businesses we touch each day.
The electric age sees the village again, but ruling involves mistrust of other rulers by neccesity, and a need to deal with those we cannot avoid.
It is rushing to a reset. All parts of communication. Including trade and money. We are decentralizing power through tech. So the current power rulers are trying to force emotion to centralize a uniform response, to centralize and fragment, as letters in print as separate and uniform, as soldiers are uniform and identical, in order to move the mob in their desired direction. They meme hate and “others” to fragment for their benefit.
People form crowds, who move as Hertzian waves. Join the crowd into a solid emotion joined at one moment and they lose their individual power. They become a longitudinal wave…like a stick… and the leader can push one end and the whole stick moves as one.
Best to keep some individual power, and individual money. Gold is the unbranded individual money and settlement asset. Meltable. Crypto is decentralized, at least some are. Pick your plan but the fight is not in what you pick. Those items are not where the tension lies.
Power doesn’t give itself up, but new tech brings new options and a new mindset of possibilities.
“The ends justify the means” was never meant for personal life. Before print personal and public life were the same thing. Not now. Not for a long time. But it’s swinging and you either own your mind or get swept in the mob.

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Ruled and run by a dollar and a gun.

The world is spun by some media fun.

But the Ponzi game in Caesar’s name is virtually done.

There’s a new race.

  • lyrics from the song “Bitcoin Barbarians”

Individual and national expression and expansion/contraction swing. Everything swings.

What moves slowest and has no counterparty risk?

Can you keep thoughts separate from emotional connection to an angry group?

It’s the only way to not be ruled and run by a dollar and a gun. To think. To align when you choose and unalign when you choose.

That’s the control, and the individual human’s power.

I’ll stop here.

Elaine~

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Thank you to Jim Rickards for including me in his bestselling book The New Case for Gold.

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Nothing on this site is intended as individual investment advice. We’re all watching which way the wind is blowing.

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Gold has hit historic highs because trust in government is at historic lows.

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20240927_185252Communication Theory….

As the alphabet took the magic of words and divided them into tiny repeatable units, strung along in written symbols that did not look like the sound, then reformed into words and meaning in the quiet of one’s own mind, so currency separates commodities and items of value into concise repeatable units.

The currency is packaged and shipped, identical, and is value as exchange for meaning of value to the receiver.

The oral societies are not led by the alphabet; they are led by the voice and ear. So each item is different, unique, and exchange is bartered over for each unit. These countries will not easily move to digital wallets and identical purchases. The unbanked are sometimes unbanked by choice.

Those in power talk about taking care of the ‘unbanked’. But the care is misplaced. A new bank account will earn the banker fees, and the expansion of the currency supply is not a desire of the central banking system, it is its lifeblood.

If the unbanked have a devise with a digital wallet then they can be tracked as data and aggregated for easier control. A retail CBDC in the unbanked hands can be programmed by the central authority to be used to the benefit of the center.

To keep their central bank system going they must have ever expanding borrowing and debt.

Their system has failed because it has to fail.

Sooner or later you run out of people to lend to, so they need to add the unbanked, and  they’ve created a ‘green’ issue to make new reasons to create more debt.

The business cycle cannot be stopped; it rises and falls as every closed system does. They know this, and so those in power are rushing to cement control with new technology before the first out of the gate with new products beat them to market share. The rush is to try to regulate to keep the status quo.

But it’s impossible.

AI is the new race.

Humans want to control the data inputed believing their own control will keep them in control. No one has any idea what complex financial instruments will be created by generative AI. Controlled by itself. For whose benefit?

My biggest concerns at the moment come from Understanding Media, written by Marshall McLuhan. He writes of Nobel prize winning author Alias Canneti’s book, Crowds and Power, talking about the psychic effects of the Germany hyperinflation after the First World War.

The depreciation of the citizen went along with that of the German Mark.

There was a loss of face and of worth, in which the personal and the monetary units became confused.

When everything is mechanical, it includes thoughts, money and humans.

I hope that confusion doesn’t return.

Elaine~

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Thank you to Mike Maloney for including me in Episode 1 of his bestselling series Hidden Secrets of Money.

Coins and Crowns

words and music Elaine Diane Taylor
SOCAN/ASCAP
from the album Coins and Crowns

Coins and Crowns is featured in Episode 1 of Mike Maloney’s bestselling series Hidden Secrets of Money.

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Not Much of a Holiday (Bank Holidays and Media Persuasion)

words and music Elaine Diane Taylor

Single available on iTunes

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A Terrible Breeze    (War and Social Media)

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

Single available on iTunes

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AlbumCover.PreparingfortheFall

Preparing for the Fall is a live boutique album available for digital download  — featuring Wag the Dog, Black Swan Dive,  American Pie and Gods of the Copybook Headings. Also available on iTunes, Google Music, Amazon Music and major digital distributors.

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The Gods of the Copybook Headings

words by Rudyard Kipling and music by Elaine Diane Taylor

from the album Preparing for the Fall.

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 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

from the album Coins and Crowns.

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“. The world is changing as we know it.

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Nothing on this site is intended as individual investment advice. We’re all watching which way the wind is blowing.

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