If your wealth is primarily financial wealth then you own no wealth. What you are is an unsecured junior creditor to your brokerage, 401k, insurance company or bank.
"You will own nothing" was not a proposal or prophecy, but a description of literal fact, for the same reason that slaves in ancient Rome owned no property: Because property does not own property.
The status of individuals has been subordinated under the law to "stakeholders", which is to say to one of many legal fictions under which rich individuals can wear a collective identity as a mask.
Your stocks and bonds are owned by the DTCC and its creditors, the largest banks.
You might think you own nVidia, Tesla, or Facebook shares.
But you do not.
You have given your brokerage an unsecured loan equal to today's market price for a certain number of shares in certain securities.
They MIGHT owe you DOLLARS (not shares) IF everything goes well in their business.
Being a JUNIOR UNSECURED creditor means EVERYONE to whom your brokerage or 401k owes something must get 100% of their stated investment before you get ANYTHING.
You are at the BOTTOM of their payroll.
Your ownership of other physical things has also been substantially changed in the same way.
Your county can simply seize and sell it, with no compensation to you, if they owe someone a debt.
They can do that even if you have no mortgage and the property has been owned outright by your family for over a century.
The place where you live might look like America. The map might say it is America.
But American property laws have been totally replaced by quasi-feudal European property laws.
You now own NOTHING.
Not even your own body.
Just ask Canadians whose government has given itself permission to administer lethal injections to people not accused or convicted of crimes at its own convenience, irrespective of the wishes of the person to be killed.
A population who may not vote for immigration control are subject to involuntary association, have no freedom of association, are prisoners of the ruling elite, and have no influence over governance at all, inasmuch as the population of the world is always larger than the population of an polity within it.
To disallow immigration control is inherently to end all other natural rights via corruption of the means of establishing both Law and Policy.
Though Gabbard and Noem may try, Government operations are not under the control of elected or appointed leaders.
The bureaucrats, including the law enforcement bureaucrats, do what they want totally irrespective of any election, or appointment.
The most egregious of these are in the Judiciary who now daily declare themselves to have both legislative and executive authority, and deny that Constitutional authority to its properly delegated recipients.
It increasingly strains credulity that anything at all can be done from within a government so corrupt, disobedient, disloyal, Rebelious, tyrannical, and Treasonous.
If nothing can be done from within, then it implies bloodshed to first remove the criminals before any regular constitutional government structure can operate.
Judges think the Administration gets its authority to enforce Laws from them.
So they will halt these investigations via injunction until bribes and concessions are made...just like the criminal cartels and mafia pay them to halt law enforcement.
However, factors such as low public health funding and a lack of primary care providers weigh on its ranking.
Why are these things considered to be as important as RESULTS?????
It is like ranking the desirability of ski resorts by the number of free government-subsidized bikini bars, or the health of tropical islands by their access to heavy winter coats.
The accessories are (incorrectly) PRESUMED to cause health. They do not cause health. They context dependent address lack of health.
But if you are healthy, the accessory is unnecessary. And in certain locations and cultures might be totally unnecessary because they have other ways of addressing illness.
It bugs me when people are dumb like this.
People use policies inappropriately as all-purpose totems against misfortune.
"Health Insurance" is the worst offender.
They say you have to have it to be healthy.
But in reality you spend more on the insurance, by at least a factor of ten, than it would cost to simply pay cash for service.
Government policies as a measure of the development of ANYTHING are fraught with logical error and delusion.
The EU is unelected and lacks the popular mandate to make any laws whatsoever.
Governments who take action against private individuals without an indictment, trial, evidence, advocates, and jury have WHOLESALE ABANDONED LAW.
When a bureaucrat can have you killed, jailed, or your property seized without even alleging you committed anything generally recognized as a crime...then you are living in a post-legal society.
Todays Precious Metals smash was brought to you by Europe.
Note that prices were rising until precisely 0300 EST.
This is when the LBMA opens.
To be blunt, there is no gold or silver left in London or Switzerland. So what are they selling?
Paper. They are selling paper. It is spoofing, because there is nothing to deliver.
Morning interventions are the habit of the BOE, just like the Fed.
Generally private banks prefer closing time for manipulation, because they are price sensitive and want the unresolved tension to last as long as possible in hopes of creating a self-sustaining, if temporary movement.
Morning manipulations are typically of governments, who need to report their results daily to supervisors who are not price sensitive, and then feed the results up the reporting chain. That reporting loop does not work fast enough for evening interventions to serve, except in emergencies where employees stay late.
So... I doubt the reports of a block of governments setting a "floor" under the price inasmuch as it appears that for the moment they are focused on ceilings, rather than floors.
Recent Comments
We remain in the 40th or 41st Interglacial of the Quaternary Ice Age.
No one disputes this Geologic fact. But the lay public is totally unaware.
Why are you worried about warming during an ice age???
If the "science" of climate change is unable to make accurate predictions, then it is not science.
Why is the US allied with a Continent that vehemently rejects individual rights, government by compact, and rule of law?
Or more.
The 10:1 ratio is the US Statutory Reserve Ratio (SRR).
SRRs get suspended frequently for long periods. Most recently in this decade.
If your wealth is primarily financial wealth then you own no wealth. What you are is an unsecured junior creditor to your brokerage, 401k, insurance company or bank.
"You will own nothing" was not a proposal or prophecy, but a description of literal fact, for the same reason that slaves in ancient Rome owned no property: Because property does not own property.
The status of individuals has been subordinated under the law to "stakeholders", which is to say to one of many legal fictions under which rich individuals can wear a collective identity as a mask.
Your stocks and bonds are owned by the DTCC and its creditors, the largest banks.
You might think you own nVidia, Tesla, or Facebook shares.
But you do not.
You have given your brokerage an unsecured loan equal to today's market price for a certain number of shares in certain securities.
They MIGHT owe you DOLLARS (not shares) IF everything goes well in their business.
Being a JUNIOR UNSECURED creditor means EVERYONE to whom your brokerage or 401k owes something must get 100% of their stated investment before you get ANYTHING.
You are at the BOTTOM of their payroll.
Your ownership of other physical things has also been substantially changed in the same way.
Your county can simply seize and sell it, with no compensation to you, if they owe someone a debt.
They can do that even if you have no mortgage and the property has been owned outright by your family for over a century.
The place where you live might look like America. The map might say it is America.
But American property laws have been totally replaced by quasi-feudal European property laws.
You now own NOTHING.
Not even your own body.
Just ask Canadians whose government has given itself permission to administer lethal injections to people not accused or convicted of crimes at its own convenience, irrespective of the wishes of the person to be killed.
YOU OWN NOTHING. NOT EVEN YOURSELF.
Markets say that while they may talk about floors on commodities they are executing ceilings.
Not up for debate.
A population who may not vote for immigration control are subject to involuntary association, have no freedom of association, are prisoners of the ruling elite, and have no influence over governance at all, inasmuch as the population of the world is always larger than the population of an polity within it.
To disallow immigration control is inherently to end all other natural rights via corruption of the means of establishing both Law and Policy.
Try it. You will get war.
Foreign votes cancel citizen votes.
They have come to cancel your representation in order to bind you in chains.
Tried.
Injuncted by the Treasonous Judiciary.
Have you located any genuinely good apples? Or just a few less rotten than the others?
These announcements mean nothing.
Though Gabbard and Noem may try, Government operations are not under the control of elected or appointed leaders.
The bureaucrats, including the law enforcement bureaucrats, do what they want totally irrespective of any election, or appointment.
The most egregious of these are in the Judiciary who now daily declare themselves to have both legislative and executive authority, and deny that Constitutional authority to its properly delegated recipients.
It increasingly strains credulity that anything at all can be done from within a government so corrupt, disobedient, disloyal, Rebelious, tyrannical, and Treasonous.
If nothing can be done from within, then it implies bloodshed to first remove the criminals before any regular constitutional government structure can operate.
There has been no Federal Enforcement of anything but political dissent crimes since the Reagan Administration.
Judges think the Administration gets its authority to enforce Laws from them.
So they will halt these investigations via injunction until bribes and concessions are made...just like the criminal cartels and mafia pay them to halt law enforcement.
Some necks need stretching before others.
You cannot shake commodities out of a paper-tree.
The effort to do that will make things much worse, and accelerate the ending.
Where has the banking cartel been based since 1453?
ANSWER: Vienna, Frankfurt, Brussels, Zurich and most of all LONDON.
NYC is just an outpost.
Why are these things considered to be as important as RESULTS?????
It is like ranking the desirability of ski resorts by the number of free government-subsidized bikini bars, or the health of tropical islands by their access to heavy winter coats.
The accessories are (incorrectly) PRESUMED to cause health. They do not cause health. They context dependent address lack of health.
But if you are healthy, the accessory is unnecessary. And in certain locations and cultures might be totally unnecessary because they have other ways of addressing illness.
It bugs me when people are dumb like this.
People use policies inappropriately as all-purpose totems against misfortune.
"Health Insurance" is the worst offender.
They say you have to have it to be healthy.
But in reality you spend more on the insurance, by at least a factor of ten, than it would cost to simply pay cash for service.
Government policies as a measure of the development of ANYTHING are fraught with logical error and delusion.
Spent 32 years doing that.
Speak for yourself.
Also...antifa's "training" is sufficient only to allow them to commit suicide confidently.
Destroy collectivist institutions, beginning with collectivist credit-currency.
A monopoly on credit with State Capural is their most potent tool and center of gravity.
There is nothing that is good and truthful that anyone could say about the EUSSR, even if a woke bolshevik.
The central tenet of the thing is license to abuse with impunity.
Euros need balls and guillotines to even BEGIN to set things right.
The EU is unelected and lacks the popular mandate to make any laws whatsoever.
Governments who take action against private individuals without an indictment, trial, evidence, advocates, and jury have WHOLESALE ABANDONED LAW.
When a bureaucrat can have you killed, jailed, or your property seized without even alleging you committed anything generally recognized as a crime...then you are living in a post-legal society.
Todays Precious Metals smash was brought to you by Europe.
Note that prices were rising until precisely 0300 EST.
This is when the LBMA opens.
To be blunt, there is no gold or silver left in London or Switzerland. So what are they selling?
Paper. They are selling paper. It is spoofing, because there is nothing to deliver.
Morning interventions are the habit of the BOE, just like the Fed.
Generally private banks prefer closing time for manipulation, because they are price sensitive and want the unresolved tension to last as long as possible in hopes of creating a self-sustaining, if temporary movement.
Morning manipulations are typically of governments, who need to report their results daily to supervisors who are not price sensitive, and then feed the results up the reporting chain. That reporting loop does not work fast enough for evening interventions to serve, except in emergencies where employees stay late.
So... I doubt the reports of a block of governments setting a "floor" under the price inasmuch as it appears that for the moment they are focused on ceilings, rather than floors.