I take solace that after so many "hard-lessons" my funds invested are safe - do you want to know why P&S - and remember - I invested in RSX to learn this final hard lesson maybe - but I still have hope for amends on that - but whatever - my investments are essentially precious metal (backed physically per audits) and the US economy - with interest paid based on current inflationary status.
~
And know this - if the bankers think they gonna steal anymore - like RSX was essentially robbed from my by a bunch of damn crooks - know this - it won't be stood for - it will be WAR!
Are you into Bonds Ken when you talk about 'the US economy? A good place to be with guaranteed capital return. I use this chap in UK - very sound fella: https://pensioncraft.com/ with a weekly report. I subscribe, but you don't have to.
I have learned lessons too Ken. As an accountant and value investor, I can read balance sheets, so from 1995-2001 I did well in the UK on a rising market. But Dotcom killed my belief in equities, so I went to PMs, and hard assets. I lost £2,500 on Marconi shares in 2000/1 but I then discovered, after th event, that they had undeclared off-balance debt. From then on fraud took over and I can no longer rely on published financials. The GFC 2008 proved my point - Wall Street is one big cabal of bankster frauders IMHO.
Now - the entity getting interest "money-market-style" is based upon the good faith of the US $ - and I don't know about you for sure P&S - but I have lost all faith in the us dollar - it used to be silver, then gold - and now tis fiat - faith-based and proven hapless and like a bully always gets the shit beat out of it - so will the us $ - my plan is to "drop" the money market funds just at the time this is about to go down - and then go to the bank in person and demand payment in CASH!
~
How you like them apples all you CBDC lovers - we are onto you already - you best disavow and amend your ways - otherwise - tis WAR.
I respectfully deny an answer to your question regarding "bonds", but being I am in "Money Market" style account - I'll get the symbol for it if you like - PSXXX or some such - and it gets about 5% interest presently.
As for precious metals, I am invested in CEF out of Canada - and I believe they claim physical metal in possession to back up funds in the depository. As for actual physical metals that is twixt my wife and I - but we ain't got much - not enough to be a target P&S - but if you are interested from an accounting standpoint as to whether the gold is in Fort Knox - all I can say is I hope their were some "eyes" round that place recently - as well as the city of london falling like London bridge did....
Ha, ha, is the gold there? Good question Ken, it's been hypothecated so many times, it's what they do. Like the quadtrillion of derivatives on the OTC markets. Smoke and Mirrors comes to mind. The paper gold market is losing its control IMHO. Gold does what it will, and mankind has no say in it.
I think getting into US$ cash/silver etc should be safe enough as the global financial system transmogrifies into the new 'digital' era. My Krugers are safe and sound here in SA, in effect, under the bed!
"I read somewhere that the price of a Roman toga used to be 1oz of Gold, which is the same as a designed suit today. And that, in the Old Testament, 1oz of Gold could buy 360 loaves of 1kg bread loaves - again, roughly the same as now. ($5.6 per large loaf at today's price)"
Is there any truth to these statements? If so, does anybody have a source for this? Worth a thought eh?
You bring up an important concept in regards to "derivative financial instruments" P&S - and this is what I think - these instruments are based upon a flaw in calculus - and when that flaw is revealed the instruments will undoubtedly point out flaws in balance with respect to currency - and truly even the Spaniard's knew - silver has inherent value - and had they been "smart" they wouldn't have "robbed" El Rico in Bolivia as they did mercantile style - but they did - and now the rest is history - and there are no new lands to conquer - so what next you effing bankers?
No need to wonder why these Brit Robber Barons have been after Russia for so many centuries. The pathetic UK, a shitty little island, has virtually no resources of its own and they even wasted the North Sea oil, whilst Norway created their own soverign fund - clever people.
This is my tribe, Ken ( I am 90% Viking by genome test), the 'Rus' (Russians are also our family) which is why I wear a red star on my skipper's cap). These people are sensible as opposed to the pugnatious, useless Anglo-Saxons, who only know how to loot and pillage! https://www.britannica.com/topic/Rus
Thank God I got away when I did. My Letter today will explain all!
"Thank God I got away when I did.".......indeed - I'm sure you had a premonition that it was time to depart....and angels of course in faith and trust.
Just yesterday I was listening to somebody talking about a conversation with Ms. Lizzy Truss - (remember her - ha, ha...) anyhow she basically said - England is becoming a "failed state" and all the good folks....or excuse me - she said all the millionaires are departing England more then just about anywhere else in the world - they must sense that "something is up".....you were way ahead of the curve in that regard cause truly - it is more than just about money I suspect.
Anyhow, lots of excitement going on for me presently - change is in the air - and so is Spring - I'm ready and life is good......when one can enjoy the simple things.
You see - had they had awareness of "supply and demand" - they would have extracted the silver slowly - and then the value would have been steady - but you know how these thieves are - they can't help themselves but go for the kill - and the derivative instruments will be their undoing - and it ain't gonna be perty!
Quite so Ken, greed knows no bounds. It's driven by fear: "fear of losing what they have stolen, and fear of not getting what they covet", which is to own everything and have eternal power. Their Transhumanist project is to create themselves in God's image and live forever - poor saps.
I'm gonna "sneak" this comment in - I've lost a bit of trust in the Post Office at the getaway place- it is just "intuition" in that regard and I hope I'm wrong - but I think what I'm going to do is go to them beforehand and say - I have some pepper seeds I want to send directly to South Africa - and I know liquids are not allowed - but are "pepper seeds"? And then depending on the answer given, I will choose what to do next.
Whenever somebody states the "play to win" is it not incumbent upon the reader to have an "idea" in their mind what "winning" is? I think so - but sadly so many think gaining currency is what defines "winning" but hasn't it been said by so many in so many ways by so many spiritual ones who sense what life is about - that money is the "root" of all evil? I think it has, so that is why accountants are sort of affixed to the "root of all evil" - being their profession as commonly understood is all about accounting of currency.....whereas engineers are more interested in understanding shapes, energy, natural laws, and balance - accountants probably got a better sense of balance - if they are of merit - than engineers - but engineers have a better sense of mother nature - and the best engineers love her with all their heart.
Ego is the enemy of any man of merit - cause we all got a lot left to learn - and so I went back and watched the video again - but all he had there in image was his own face - and I think that fella might have wisdom to share - but it is based upon ego - and that does not appeal to me - I'm a simple peppa dirt farmer out of Virginia - and simple things give me joy - like working together and learning together.
"...and simple things give me joy - like working together and learning together." Exactly Ken, and none so true as on the sea, where we all help each other asking nothing in return, because we are all at risk of an angry sea. Not so on land, where people compete for resources and money.
At sea, the Great Creator provides for all our wants FOC, water from the skies, food from the ocean, and an occasional landing on an island somewhere for a few treats. I now find myself living on land again, albeit pleasantly, but it's too complex and complicated for me, however, it is ordained thus far until I find my yacht 'Do-IT-Now' once again, buy her back, and set up my real home on the sea once again.
I had to return to UK in 2009 due to the GFC and my clients being anxious. You can't leave a yacht unattended for long, and I knew it would take at least five years, so, sadly I put her up for sale and Errol Musk bought her. Now I will track her down once again! https://www.youtube.com/watch?v=gagYfbwVXFU&ab_channel=WideAwakePodcast
I take solace that after so many "hard-lessons" my funds invested are safe - do you want to know why P&S - and remember - I invested in RSX to learn this final hard lesson maybe - but I still have hope for amends on that - but whatever - my investments are essentially precious metal (backed physically per audits) and the US economy - with interest paid based on current inflationary status.
~
And know this - if the bankers think they gonna steal anymore - like RSX was essentially robbed from my by a bunch of damn crooks - know this - it won't be stood for - it will be WAR!
Are you into Bonds Ken when you talk about 'the US economy? A good place to be with guaranteed capital return. I use this chap in UK - very sound fella: https://pensioncraft.com/ with a weekly report. I subscribe, but you don't have to.
I have learned lessons too Ken. As an accountant and value investor, I can read balance sheets, so from 1995-2001 I did well in the UK on a rising market. But Dotcom killed my belief in equities, so I went to PMs, and hard assets. I lost £2,500 on Marconi shares in 2000/1 but I then discovered, after th event, that they had undeclared off-balance debt. From then on fraud took over and I can no longer rely on published financials. The GFC 2008 proved my point - Wall Street is one big cabal of bankster frauders IMHO.
Cheers
AP
Now - the entity getting interest "money-market-style" is based upon the good faith of the US $ - and I don't know about you for sure P&S - but I have lost all faith in the us dollar - it used to be silver, then gold - and now tis fiat - faith-based and proven hapless and like a bully always gets the shit beat out of it - so will the us $ - my plan is to "drop" the money market funds just at the time this is about to go down - and then go to the bank in person and demand payment in CASH!
~
How you like them apples all you CBDC lovers - we are onto you already - you best disavow and amend your ways - otherwise - tis WAR.
I respectfully deny an answer to your question regarding "bonds", but being I am in "Money Market" style account - I'll get the symbol for it if you like - PSXXX or some such - and it gets about 5% interest presently.
As for precious metals, I am invested in CEF out of Canada - and I believe they claim physical metal in possession to back up funds in the depository. As for actual physical metals that is twixt my wife and I - but we ain't got much - not enough to be a target P&S - but if you are interested from an accounting standpoint as to whether the gold is in Fort Knox - all I can say is I hope their were some "eyes" round that place recently - as well as the city of london falling like London bridge did....
Ha, ha, is the gold there? Good question Ken, it's been hypothecated so many times, it's what they do. Like the quadtrillion of derivatives on the OTC markets. Smoke and Mirrors comes to mind. The paper gold market is losing its control IMHO. Gold does what it will, and mankind has no say in it.
I think getting into US$ cash/silver etc should be safe enough as the global financial system transmogrifies into the new 'digital' era. My Krugers are safe and sound here in SA, in effect, under the bed!
"I read somewhere that the price of a Roman toga used to be 1oz of Gold, which is the same as a designed suit today. And that, in the Old Testament, 1oz of Gold could buy 360 loaves of 1kg bread loaves - again, roughly the same as now. ($5.6 per large loaf at today's price)"
Is there any truth to these statements? If so, does anybody have a source for this? Worth a thought eh?
Blessings Ken, and stay safe good buddy
AP
Check this out P&S - a random link generated by this discourse:
https://quickbooks.intuit.com/learn-support/en-us/help-article/payroll/resolve-problem-verifying-payroll-subscription/L5LqZsMrm_US_en_US
~
Being your an accountant and I'm an engineer - I know you appreciate those codes - but come on - get a clue!
That is very intersting for me, being a sad bean counter, LOL. This is what chartered accuntancy does to a person!
https://www.youtube.com/watch?v=JrsB1RfksEA
I love satire because at its roots its so true!
Blessings
AP
PS - have to go now as lots to do before bed! Chat tomorrow when I will get to your other comments.
Sweet dreams I send out to all bean counters!
Us engineers - those of us stout - we are pissed.
You bring up an important concept in regards to "derivative financial instruments" P&S - and this is what I think - these instruments are based upon a flaw in calculus - and when that flaw is revealed the instruments will undoubtedly point out flaws in balance with respect to currency - and truly even the Spaniard's knew - silver has inherent value - and had they been "smart" they wouldn't have "robbed" El Rico in Bolivia as they did mercantile style - but they did - and now the rest is history - and there are no new lands to conquer - so what next you effing bankers?
The Banksters are going after our very soil, water and all nature's gifts, Ken. These bastards won't stop until they have hypothecated everything!
https://www.investopedia.com/articles/markets-economy/090516/10-countries-most-natural-resources.asp Ukraine should be on this list too.
No need to wonder why these Brit Robber Barons have been after Russia for so many centuries. The pathetic UK, a shitty little island, has virtually no resources of its own and they even wasted the North Sea oil, whilst Norway created their own soverign fund - clever people.
https://www.nbim.no/
This is my tribe, Ken ( I am 90% Viking by genome test), the 'Rus' (Russians are also our family) which is why I wear a red star on my skipper's cap). These people are sensible as opposed to the pugnatious, useless Anglo-Saxons, who only know how to loot and pillage! https://www.britannica.com/topic/Rus
Thank God I got away when I did. My Letter today will explain all!
Blessings
AP
"Thank God I got away when I did.".......indeed - I'm sure you had a premonition that it was time to depart....and angels of course in faith and trust.
Just yesterday I was listening to somebody talking about a conversation with Ms. Lizzy Truss - (remember her - ha, ha...) anyhow she basically said - England is becoming a "failed state" and all the good folks....or excuse me - she said all the millionaires are departing England more then just about anywhere else in the world - they must sense that "something is up".....you were way ahead of the curve in that regard cause truly - it is more than just about money I suspect.
Anyhow, lots of excitement going on for me presently - change is in the air - and so is Spring - I'm ready and life is good......when one can enjoy the simple things.
~
Till next time - Warm Regards,
Ken
You see - had they had awareness of "supply and demand" - they would have extracted the silver slowly - and then the value would have been steady - but you know how these thieves are - they can't help themselves but go for the kill - and the derivative instruments will be their undoing - and it ain't gonna be perty!
"...and it ain't gonna be perty!" So true my good friend Ken. This short 11 min video is worth your valuable time IMHO:
https://www.youtube.com/watch?v=ewG9MPy1AjU
Quite so Ken, greed knows no bounds. It's driven by fear: "fear of losing what they have stolen, and fear of not getting what they covet", which is to own everything and have eternal power. Their Transhumanist project is to create themselves in God's image and live forever - poor saps.
I should add - I play to WIN!
~
Best to you P&S.
Ken
I'm gonna "sneak" this comment in - I've lost a bit of trust in the Post Office at the getaway place- it is just "intuition" in that regard and I hope I'm wrong - but I think what I'm going to do is go to them beforehand and say - I have some pepper seeds I want to send directly to South Africa - and I know liquids are not allowed - but are "pepper seeds"? And then depending on the answer given, I will choose what to do next.
Whenever somebody states the "play to win" is it not incumbent upon the reader to have an "idea" in their mind what "winning" is? I think so - but sadly so many think gaining currency is what defines "winning" but hasn't it been said by so many in so many ways by so many spiritual ones who sense what life is about - that money is the "root" of all evil? I think it has, so that is why accountants are sort of affixed to the "root of all evil" - being their profession as commonly understood is all about accounting of currency.....whereas engineers are more interested in understanding shapes, energy, natural laws, and balance - accountants probably got a better sense of balance - if they are of merit - than engineers - but engineers have a better sense of mother nature - and the best engineers love her with all their heart.
Ego is the enemy of any man of merit - cause we all got a lot left to learn - and so I went back and watched the video again - but all he had there in image was his own face - and I think that fella might have wisdom to share - but it is based upon ego - and that does not appeal to me - I'm a simple peppa dirt farmer out of Virginia - and simple things give me joy - like working together and learning together.
Ken
"...and simple things give me joy - like working together and learning together." Exactly Ken, and none so true as on the sea, where we all help each other asking nothing in return, because we are all at risk of an angry sea. Not so on land, where people compete for resources and money.
But it's not just 'money' Ken, which is a valuable exchange tool, it's the 'love' of money that corrupts: https://www.wealthbuilders.org/bible-verses-about-the-love-of-money/
At sea, the Great Creator provides for all our wants FOC, water from the skies, food from the ocean, and an occasional landing on an island somewhere for a few treats. I now find myself living on land again, albeit pleasantly, but it's too complex and complicated for me, however, it is ordained thus far until I find my yacht 'Do-IT-Now' once again, buy her back, and set up my real home on the sea once again.
I had to return to UK in 2009 due to the GFC and my clients being anxious. You can't leave a yacht unattended for long, and I knew it would take at least five years, so, sadly I put her up for sale and Errol Musk bought her. Now I will track her down once again! https://www.youtube.com/watch?v=gagYfbwVXFU&ab_channel=WideAwakePodcast
Long story is my life Ken!
Best to my good buddy
AP
Fine post there P&S - to connect the dots on some other communication we have had - I'm about finished with the water job!
https://buffaloken.substack.com/p/getting-water-to-the-bonus-room-project
Peace to you old man of the Sea!
Ken