patrick.net

We haven't had an "organic" or non-sham/manipulated economy clearly for the past 20 years. Ever since the crash in 1987 and the creation of the Plunge Protection Team at the FED, the economy (really, the POLITICAL economy) has been increasingly manipulated to the point where now, only gold is still giving off intuitive as opposed to false signals.

If you wanna buy gold at these prices feel free to do so, but know that the commodity markets are among the most manipulated out there.

Misc says

If you wanna buy gold at these prices feel free to do so, but know that the commodity markets are among the most manipulated out there.

If I meant commodities, I would have said "commodities." I did not.

stereotomy says

Misc says

If you wanna buy gold at these prices feel free to do so, but know that the commodity markets are among the most manipulated out there.

If I meant commodities, I would have said "commodities." I did not.

Then feel free to back up the truck and fill her up. For future reference the Spot price of gold is $3240.49 currently.

https://x.com/amuse/status/1920122460562731513

Patrick says

My question is a bit off-topic: I agree with the caption, but this photo itself is from a re-creation scene, right? From what I have read, Jackie was climbing onto the rear deck of the convertible to retrieve the top half of JFK's head that had been blown off by the gun shot bullet from the front, not scrambling to escape (she could have escaped more easily via the side door), so his face couldn't have been complete in this photo if the photo had been taken when the assassination itself took place. Yeah, the real event/scene was a lot messier.

I don't know if that photo is original or not.

I always doubted that she wanted to retrieve anything. Just seemed like she wanted to GTFO of there.

You know what's not manipulated?

YAMS!!!

https://x.com/SenseReceptor/status/1922047547205443712

Lyndon Johnson's failed wars (Great Society and Vietnam) as well as the oil shock are reasons why interest rates increased from 1960s to 1981

When money is hard cold pure silver metal, it cannot easily be counterfeited in mass quantities. This prevents the cartel of private banks known as the Fed from enslaving everyone by constantly stealing their money.

Patrick says

...and in 1933, they confiscated that $20 dollar.

Patrick says

.

that one ounce gold coin can now buy 1000 gallons of gasoline

it was a smart investment choice to buy that $20 gold coin in 1932 and pass it on to your heirs

.

Patrick says

Yes. And NO PAPER for wages and salaries, the metal only.

Businesses and Banks are free to have "Gold Backed Paper". But are not allowed to pay wages, salaries, and contracts worth less than $2000 in paper

I visited Israel in 1985 when I was studying in Austria. I remember the inflation was insane, and everyone wanted dollars.

I switched the last of my dollars in an Armenian carpet shop, then went to buy my airline ticket back to Greece, where I could use my rail pass to get back to school. But they wouldn't sell me the ticket without proof I'd changed money legally. Shit. Had to go back to the shop and they gave me most of my money back, like 90%. Then I could buy only a standby ticket, but it worked out OK. Dunno what would have happened if I had not been able to leave.

Just use silver by weight, ounces not dollars.

Interest rates should be set by the market, not by a cartel of private bankers.

Patrick says

in 2024, only 4 gallons. inflation is increasing, that’s frightening. penny is gone, not worth making with inflation,

Fortwaye says

in 2024, only 4 gallons. inflation is increasing, that’s frightening. penny is gone, not worth making with inflation,

silver quarter has been equal to 1 gallon of gasoline for a long time, from what I've researched

compare quality of life and standard of living for blue collar worker in 1932 to one in 2025

they have to continue to squeeze them workers to get as much productivity gains in order to try to keep inflation in check ; think about what happens if the chicken egg workers start to slack off (or worse and also try to unionize), and how much that causes chicken egg prices to increase

I had a buddy who worked at York's air condition plant as a manager and they put pressure on him to cut costs by about 10% each year ; he ended up quitting and getting a cushy GS-13 level job as a 801 series (general engineer) for the federal guvmint

.

https://genesiustimes.com/breaking-the-federal-reserve-is-just-2-weeks-away-from-developing-a-nuclear-weapon-source/

Right now, the Bond market is pricing long dated treasuries at an historically high premium versus expected inflation rate. On top of that they are pricing MBS (mortgage backed securities) at a historically high rate versus the 10 year treasury note.

In the next month or so Trump is going to correct this mis-pricing. Anyone short long term treasuries or MBS is desirous of losing huge amounts of money.

https://rudy.substack.com/p/a-world-of-hurt

Ceffer says

I'm so confused... Ceffer, are you pro money printing or anti money printing?

This is something I am totally confused about. Trump is attacking Powell because Trump wants to print more money but Powell won't do it.

Other people are attacking Powell and the fed in general because they print too much money and devalue the dollar .. it seems like the hatred of Powell is coming from both sides but the two sides don't acknowledge that they are totally opposed to each other's objectives ..

Shall we replace Powell with someone who won't print any money? Or someone who will print more as Trump is asking him to?

AmericanKulakMaximumTrumper says

YAMS!!!

We all miss him ... Farewell AF

Interest rates are waaaaaaaaay too high based on historical precedent. The long bond is yielding 2.5% above the expected inflation rate, the 10 year 2% above the expected inflation rate, and the mortgage rates near a record high spread against the 10 year treasury. Yes. mortgage rates are more outtra kilter than they were during the Housing bust.

The Federal Reserve is supposed to not have interest rates this outta whack. The Federal Reserve is playing political games (they are 90% democrats). These super high rates are damaging the shit out of America from construction of houses to household formation rates.

Trump has gotta put an end to this Fed induced crap, and I think he will.

Misc says

Interest rates are waaaaaaaaay too high based on historical precedent.

Misc, does that mean you are in the "pro money printing camp"?