Archive for security

Gold, Savings & Security In The Real World

Posted in Uncategorized with tags , , , , , , on May 18, 2020 by jtoddring

Here is what the crowd, the authorities, and the mainstream media, including the business press, will tell you: It’s called BS.

Think for yourself.

For example, when real inflation rates of 8% or more are counted, money in the bank is losing money, and most investment funds are losing money. Why not just burn it in your backyard over a campfire? At least you could roast marshmallows and hot dogs with it.

Think better. Think for yourself.

Another example is currencies and gold. (Always hold the physical gold yourself, by the way.)

A typical list of top 50 countries by gold reserves lists the US as having roughly 8,000 tons of gold reserves, Germany 3,000 tons, Russia and China 2,000 tons, etc.

Interesting figures. Questionable how much basis in reality they have.

Imagine going to a bank for a loan, and the bank clerk asks what you have for collateral. You say, “I’ve got thousands of tons of gold in a vault in my basement.” The bank clerk asks for proof, and you say, “You’ll have to take my word for it.” The bank clerk then smiles and says,”Sounds good to me. How many more trillions of dollars in loans would you like?”

This is the situation with the US. As the world’s biggest debtor nation, the rest of the world is supposed to smile and take their word for it when the US claims to have 8,000 tons of gold reserves, although nobody gets to see them or take an inventory. 

Sure buddy, we’ll just keep loaning you trillions of dollars forever. Sounds like a good plan to me.

I think Max Keiser is probably right. He said that if the US ever opened its doors to a vault inspection or audit, there’d be nothing there but an old Smith Corona typewriter.

Yet people run to the US dollar as a safe haven? Are they mad? 

The US dollar is strong only in relation to other world currencies that are even weaker. The whole system is broken. Paper money, fiat money, is going to implode. The US dollar is no exception. 

If you want a safe haven, plant a garden. Buy heritage seeds and solar panels. At least buy some gold, silver and Bitcoin.

The US currency and economy is going down, and it will pull down most national economies, and currencies, with it.

Self-reliance, cooperation and community, along with gold, silver and select cryptos, are your best bet; and of course, march: mobility, adaptability, resilience, courage and hope. (Nemonics work too.)

Slash expenses, build community and resilience, and march to the beat of your own drummer.

The elite are unreliable guides at best, and frankly, more often corrupt. Don’t blindly follow or obey authority.

Question everything. Most “news” and most “analysis” is sheer rubbish, propaganda, delusions or lies.

Lemmings do not make good leaders. Do not follow the crowd. They are sleep-walking into disaster.

Be adaptable. Throw out the script. Question everything. Think for yourself.

The people are being devoured by the elite. That is the short answer. It will take courage, cooperation, resilience and resourcefulness to get through this. But we can.

And we will.

JTR,

May 18, 2020

Big oil, pipelines, Trudeau, and energy security for Canada

Posted in Uncategorized with tags , , , , , , , , , , , , , , , on November 12, 2015 by jtoddring

Why does the Canadian government continue to subsidize the oil industry with billions of dollars a year when the environmental crisis demands the opposite, and when investment in energy efficiency, conservation and green energy create many more jobs? Why does Canada import 40% of the oil we consume when we produce enough to meet all our needs? Why has the Canadian government agreed to ensuring US energy security, under both Liberal and Conservative governments, but not Canadian energy security? Why is our per capita energy consumption far higher than other northern, sparsely populated nations, like Finland, Sweden and Norway? Why have we done essentially nothing to reduce our dependency on oil as our reserves dwindle, and very nearly nothing to reduce our carbon footprint and halt climate change? Because big oil and foreign powers rule Canada, is the short answer. But it does not have to be this way.

As to the Liberal Party win in this fall’s 2015 federal election, progressives across Canada are happy to see Harper go, but fully aware that the Liberals are only slightly better, and will require massive popular pressure if any real positive change is to come about. The worst have been defeated. The second worst have come to power. That requires action, not complacency.

Trudeau is still profoundly disappointing, and profoundly failing, with regards to energy policy, pipelines, tar sands, big oil and the environment – exactly as expected. We have to put sustained, massive pressure on him to make a shift. So far, he has behaved exactly like the “twerp” David Suzuki said he is. He has said that he is “disappointed” in Obama’s rejection of the Keystone pipeline, and has made no commitment to close the tar sands, or reject the Energy East pipeline, or to shift from oil dependency to a clean, renewable energy infrastructure. This is not remotely good enough.

Getting rid of Harper and the Canadian neocons was step one. Step two is to deliver real change – and that will not come from the Liberal party or Justin Trudeau: that will come only from the Canadian people. Stand up, people. The time is now.

J. Todd Ring,

November 12, 2015

Will Trudeau’s Pipeline Policy Change After Keystone?

As protestors staged sit-ins at Canada’s Prime Minister’s residence, Keystone XL Campaign Organizer for the Indigenous Environmental Network’s Dallas Goldtooth and environmental activist Dimitri Lascaris discuss the grassroots strategies needed to keep the pressure on politicians

November 9, 2015 The Real News Network

http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=15061

Gordon Laxer on Canada’s Energy Security. – Novus TV, November 6, 2015

The Vile Maxim of the Servants

Posted in Uncategorized with tags , , , , , , , , , , , on October 18, 2015 by jtoddring

Adam Smith wrote about “The vile maxim of the masters,” which is, as he describes it, “All for us, none for anybody else.” And the vile maxim of their loyal servants seems to be, “Whatever you say boss. You make the rules.”

The vile, amoral service to power – nothing disgusts me more; yet, it is rampant in the political class, and it is rampant in other sectors of society too, such as the corporate world, the media, the military, the police, the academy and the schools, the legal profession, the judiciary, the security forces, the bureaucrats and the government agents generally, and the so-called “intelligence” services.

As Thoreau said (paraphrasing from memory), “They place themselves on the level of wood and straw, and command no more respect than a clump of earth.

This is revolting behaviour. Such people need to find the door – and their spine – and abandon their service to their masters, and start behaving as human beings, and not as prostitutes or slaves, as they currently behave.

J. Todd Ring,
October 17, 2015

See also:

On Civil Disobedience – Henry David Thoreau

The Discourse On Voluntary Servitude – Etienne de la Boittie

Credit card size sheets of gold for uncertain times

Posted in Uncategorized with tags , , , , , , , , , on January 31, 2013 by jtoddring

A Swiss-based company has introduced credit card size sheets of gold that can be broken like a chocolate bar into 1 gram pieces, and they are rapidly growing in popularity across Europe – especially in Germany, where the people still remember the massive devaluation of the currency and the pain of hyperinflation.

The current market value of 1 gram of gold is $53 CDN. A credit card size 50 gram sheet of gold costs a little over $2,000 and can be carried in a wallet. 1 gram pieces can be broken off and used as an alternative method of payment.

Gold prices have soared since 2001, up 500% – vastly out-performing mutual funds and other investments. Gold makes sense, especially when currencies are being systemcatically devalued and may crash, as the German mark did in the Weimar republic, when a wheelbarrow full of money was needed to buy a loaf of bread. Get gold now.

New gold for a scary new world – Yahoo! Finance
http://t.co/D6ulPZFk

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