Crypto Market will Swallow Gold Market in 2019

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Will Gold Return to Pre-2008 Prices in the Sub-$800 Range?

JC Collins

According to the World Gold Council, as of the end of 2017 total gold market capitalization was around $7.8 trillion (estimated total value of all gold ever mined). The current value of gold is $1215USD/oz.  Besides some ups and downs, the value has remained unchanged since the summer of 2013. The stagnation in the gold market could be an indicator of a lot of different things, but it does stand in contrast to the predicted boom which many were sure would accompany the Fed's normalization of monetary policy.

We are now a few years into this monetary normalization and the gold market is still as stagnate as it's been for the last 5 years. This does not bode well for gold as the world is on the threshold of a new asset class exploding in capitalization.  At the last ATH (all-time high) in January of 2018, the total crypto market capitalization reached just over $800 billion.  This is small compared to the $7.8 trillion gold market, but consider that massive institutional investment hasn't even entered the crypto market yet.

As American GDP continues to grow, and it will, alongside global GDP for numerous reasons which I will review in another forthcoming article, it will become apparent to most investors that the Fed's normalization of monetary policy, being interest rate increases and a reduction in the Fed's balance sheet, will not have the long-predicted impact on inflation, and in turn gold valuations.  This is something I have accurately predicted since 2014.

We could, in fact, see gold return to pre-financial crisis prices in the sub-$800 range.  The lack of growth in the gold market for the last 5 years should be an indicator to most investors that demand for the precious metal is lackluster at best.  Though nations such as China and Russia have continued to accumulate gold, there will be no new gold standard based on a gold-backed yuan or ruble.  Gold standards are deflationary by nature and most nations now understand that a new global standard is being built around the speed, cost, and scalability of the crypto market.  Both Russia and China are building their own internal architectures to connect with this worldwide crypto ecosystem.

No nations, banks, or institutions will be interested in turning back the clocks on technology, and a whole new source of liquidity, just to accommodate a gold market which will be swallowed by the new asset class within the next 12 to 18 months. For sure there will always be gold, but the gold market itself will become a sub-market to the crypto market in the same fashion that the stock and bond markets will eventually become sub-markets as well. Analysts who do not understand what I just stated do not understand the totality of what is happening in the crypto market. Period. They will be leading their clients in the wrong direction.

Most think of Bitcoin when the crypto market is mentioned.  Even with just that, there is a shocking lack of understanding by traditional old-school analysts and financial advisors around Bitcoin and what it actually is.  Attempting to explain that Bitcoin's throne will soon be usurped by the digital asset XRP is simply too much for these analysts to understand.  Add in the concept of the Internet of Value, micropayments, smart contracts, and Ripple's Interledger Protocol, alongside how Mojaloop is going to give 2 billion people in emerging markets access to the global system of banking and commerce for the first time, and it becomes apparent that any predictions and conclusions which do not factor in the above will be disastrously wrong.

This September will likely mark the turn in the current crypto bear market and a new bull market will take off with massive institutional investment in Bitcoin ETF's and hundreds of exchanges.  These exchanges have spent most of 2018 building and strengthening their systems to accommodate the millions upon millions of investors who will flood into the crypto market. Capital will be sucked out of the gold market and into the exploding crypto market.

The price of gold is not the real story here, whether its $800 or $1800.  The real story is the rise of a whole new asset class which will serve as a new source of global liquidity.  The existing $7.8 trillion gold market will be completely inundated by the crypto market as it expands across all financial sectors and within all financial products. Nothing will stop it.

There is much to learn and share regarding crypto investment opportunities and the geopolitical ramifications around the development of a new global standard.  Please consider subscribing to Philosophy of Metrics for full access to all articles and content.  This will support my research and writing on these important topics.  Monthly and Yearly subscriptions are the best we have right now, but as an example of how things are going to change, the micropayments industry which is being built around XRP will be embedded in your browser and you will just pay for an article that you click on. No more clunky subscriptions.  You pay for a click and a read.  But for the time being, your support is appreciated.  - JC

JC Collins can be contacted at jcollins@philosophyofmetrics.com

This article is copyrighted by POM Media©2018. As non-Premium content, it can be shared and reposted without further permission.

 

78 Comments on “Crypto Market will Swallow Gold Market in 2019”

  1. in 2015 I was with you with Trump will win.

    The price of gold does not change, it's the value of the dollar that goes up and down in respect to the gold priced in dollars. Dollar value down , gold value up and vice versa.

    How can American exports compete internationally when it's value is high(Triffin paradox)?

    Perhaps trade tariffs?

  2. JC,
    I personally think it is going to be hard to predict where the liquidity will come from. It could be stocks, bonds, commodities, FX, etc. But, as you know, I definitely agree with you that XRP will turn out to be the replacement for BitCoin because everything about it is better. And, it solves a big problem by moving money/value quickly and affordably. Once the crypto market starts to stabilize, money will start flowing into it. Once the money spigot gets flowing to go LONG XRP (not SHORT), the gains will be substantial. In my opinion of course.
    Best,
    RJZ33

  3. I'm not sure JC meant it will replace gold RJZ. I think he means that the majority of investors who sought safe haven for their investments in gold will move over to the crypto world with their money. It makes sense if they are invested in gold to keep their investments safe for the wild west time frame. Now that they see regulation being put in place their hunger to make money will draw them out of gold and into the new crypto market in hopes to make a buck. They just needed the confidence that regulation would protect them or they think that regulation in place means its a safe investing...world or ecosystem. Of course as demand moves from gold to cryptos the value of gold would naturally drop.

    What's really fun to think about is what if it does this from ALL of the markets you listed? 🙂

    1. Dane,
      I agree. If Gold continues to languish and potentially go down and cryptos start to go up, certainly a portion of those investors will potentially move over. I think that narrative will be the same in other markets as well especially if regulation comes in, exchanges get more secure, trading is easier where fiat money is more readily accepted, more regions get approved, etc. in the crypto market. I just think it is hard to predict that the Crypto market will swallow gold market in 2019. I'm not saying it won't. JC has been right way too many times. I'm just saying that it could come from any or all of the markets. Not just gold. Could be silver, real estate, natural gas, whatever. It just depends on where the hedge fund and institutional investors decide to move their money and how they are going to rebalance their portfolios. But, it will happen. Money will flow to crypto market. Just a matter of when, not if. Stay well, RJZ33

        1. Dane,
          It is a brave new world. I'm so glad I found this site. I would never have known about the unipolar to multilateral agenda and Ripple. JC has enlightened us all on that as well as so many other things. This transition going forward will be interesting to watch. FYI...I'll let everyone know when I think I see an uptrend in the XRP price charts. Best, RJZ33

      1. Dang, what a gamble. Couldn't risk my humble castle or man cave to put a few bucks in my pocket. But I'm glad the dude made out okay. Sends a dangerous message to the greedy though doesn't it?

  4. Indeed! Coil will shape the new internet experience you describe in the final paragraph. Until then I am happy to support with annual subscription JC 🙂

  5. A while ago our beloved Pieter told us about a dream he had the night before were two sets of numbers came to him. They were 333 and 999, if I am not mistaken. I recall I made an attempt at interpreting the dream by suggesting that 333 may be related to the price of XRP and 999 may mean in October which is the 9th months, things in relation to XRP may explode or we may experience a bull run!

    Since last night I have been waiting for the prices to go lower and even hoping it will go to 333, right now, I am seeing 3333/33xx but the important part is a 3 repeated 3 times! This morning, I bought a small amount of XRP when it was 35 cents. So that half of Pieter's dream is now manifested, let us hope that the second part of it to materialize also in October! That is it gets to $10 or $9.99. Should that happen, POM will have her own Edgar Cayce reincarnated as our own Dearest Pieter. On a serious note, this is very spooky indeed as I never ever thought I would see this figure as 0.3333, I just can't believe it...Thanks, Pieter. Hope the rest of your dream comes true. LOL 🙂

    1. Hello AlyssaUnbound,

      I agree, "Predictions make fools of us all". However, this is what we all like to do, otherwise what is the point of hoarding such virtual assets?!

      In any case, according to this guy on YT (if you can trust anyone on YT!) The XRP price in the next Bull run, will be $33.93 (curiously similar to the dream figure!!).
      https://www.youtube.com/watch?v=l8cMvtUzceQ&t=1s

      Personally, I am not a fan of his methodology for arriving at a prediction price but that's all we've got plus the human gift of Hope.

      Wish you and every POM family to be super rich and I keep all my fingers crossed and hopefully for not too long 🙂

  6. Yeah, yeah, yeah, and yeah, yeah, yeah. When are ya'all gonna realize gold ain't worth nothin' past it's shine and the fever it sets in the mind and hearts of men. Oh sure it used to have a degree of value back in the day. Today, not so much. Beyond it's place of wrath and tears looms but the horrors of the shade. Paper replaced it centuries ago, so today I say there is no way it can compete with digital and blockchain. I mean really what the hell does it really mean in that market. Not much I say not much at all. Oh sure it is rare a wonderful conductor,and one can pound it down thin as a blond hair and make all kinds of beautiful pieces of art out of it. But as a financial instrument in this day and age,,, get the #@&^ out of here.

    If I didn't say so, so I say it now,` gold should of lost most of its value to the sea bitch, and l bless her black heart, that hag should of taught mankind then and there that gold is not a rate of exchange. The greedy bastards, my beloved pirates sent as much to ,my beloved sea bitch with their overloaded vessels than man could count. We are. We are, not gold , but we are` the rate of exchange. We may struggle coming to terms with that fact, but we shouldn't, it is a compliment.

    I spent the best part of yesterday morning trying to purchase me some ZERP.
    I decided to try UpHold, it looked like a cool and conventional way to go. I had the best tech team a man like me could possibly muster, a cashier from Safeway(not a bad looking girl, not bad looking at all) and a gamer kid from down the street. We dug in from my dugout and took it from step, one to Auty2, took pictures of me and my brand new AZ state issued I.D. and sent them on, they accepted, so I saw the ZERP at .$42 I figure with fees and interest on the C/D 2000 tokens looks like $888,88 to me so I dial it in. Will they take my money? NOPE!! Ok, I really didn't think they would, but it was worth a shot.Other things began to take the day, my sister has a horse to shoe. I can't do that anymore`, but what I can do is prepare the animals hooves for the shoeman. It is just a matter of where- with -all and rasp.

    Done deal, I'm strolling right along, rather easy not troubled by much going on in my day, should have peaceful nights rest. And I did. Who ha I wake in the morn to find MY ZERP at $.35 headed to the master metric $.333./ Mind you I still have not bought the first %&$#@#* token. And at this point I've had just about enough, I got a birthday coming up 9/17. My current intention is to set
    my Binance/Changelly exchanges up to do my business offload my purchase to a Ledger Nano s using names and numbers for passwords from the KJV and the day the numbers began.

    I just can't see a better path for myself from here.

    PTM

  7. As far as JC's prediction, gold is certainly in an aggressive downtrend currently and it has a lot of room to drop. So, from a traders/investors standpoint, his prediction does have the strong potential of happening. Quite frankly, that money is moving somewhere as we speak since gold is in an aggressive downtrend. It might just be going to a cash horde waiting for the bottom to occur in the crypto market? If so, JC will be spot-on. And, the crypto market will swallow (or take a huge bite out of) the gold market in 2019!! I am certainly hoping so!! I'm just waiting for the shorters to stop shorting XRP and start going long. Once seen, I am in!!! So excited!!!
    Cheers! RJZ333

  8. JC ,

    This is an explosive statement! Overall, I have no doubt about the soundness of the analysis, but I think it will take much longer to get there. In my view, it is clear that:
    - Somewhere in 2019 we will see a flow of liquidity to the cryptos market, but I don't see a rapid saturation and vertical rise of the main cryptos in 2019. I'm thinking more of a rise step by step ,, without any major excitement, for several reasons.
    - All markets are overvalued, and are likely to correct next year. There is a bubble in the US markets, which is backed up by a shrinking number of stocks.
    - Yields pressures can lead to this correction of markets, but as always the Fed will do its utmost to avoid a crash, and a massive liquidity leak. - Over the next 6 to 12 months, as long as the indexes and Bonds maintain their trajectory, we should attend a discreet, slow and progressive entry of Big Money into the cryptos market. It 's only when they will reach their quotas that the real increase will take hold. Big Money wants to buy a big share of the market first. This does not mean that all cryptos will continue to fall sharply. I believe that a discreet entry of Big Money will create a floor by December 2018 and then will double the value of the main cryptos from the lowest point to be achieved in the coming months. But I do not imagine XRP reaching and exceeding 1$ next year. Good and Perfect if I am wrong!
    In fact I think by the end of 2018 we should see the end of crypto-bear market, and 2019 will be the transition year to give in 2020 -2021 the real rise and definitive adoption of the blockchain revolution and the real price increase of the main cryptos.
    About the price of Gold, current stagnation implies de facto a risk of falling prices, at least in $. It's quite logical, because the price of the $ is inversely correlated with gold.
    From a chartist point of view, regardless of asset class, the bursting of a bubble very often leads to a return of prices to the starting point of vertical increase. The faster the increase, the greater the risk of a return to the starting point. This was the case with the Nasdaq 100 between 1997 and 2002, the case for gold between 1978 and 1985. There are many examples. The 2008 crisis led to a bubble on gold and prices must return to the area of around $ 800 to complete the current cycle. I am OK with you when you say that there will be an transfert of gold flows towards the crypto market , but it should be a partial transfer as there will always be goldbugs seeing gold as the ultimate insurance , especially if there is a period of chaos on the international markets, for a few months, following the various factors of tension, geopolitical or commercial.
    I am not analyst and I am not able to explain correctly, what I feel, but there have been several catalysts that accelerated bear markets between 2000 and 2002, or during the 2008-2009 financial crisis , and I believe that these over-valued markets are increasingly at the mercy of one or more catalysts and strong turbulences between 2019 and 2020. If this were confirmed, we could witness the end of gold's bear market on the $ 800 area all along the take off of the best cryptos for a new bull market, until the next major excitement. to create another crypto-bubble around 2025
    Basically, I think once again the time will prove you right, but with some more time to reach that goal , between 2020-2021.
    Just my two cents , nothing more.....

  9. I, too, am grateful for my subscription to this publication as I would never have known about the current rise of the crypto market and it's role in global economics.
    Though I'm still having difficulty in understanding the intricacies of investing in XRP , there are other questions foremost in my mind regarding The Federal Reserve's involvement in all of this since they seem to control the money supply . How will the global elitist who control the Central Banks continue to amass their fortunes if they can no longer print money out of thin air, loan it out and collect the interest on it ?
    I would love your take on this, J.C. You might have already commented on this topic and I have, somehow, missed it.

  10. JC, Fascinating post as always and you may well be correct but the downturn in all Cryptos has been far more severe than anything we have seen in Gold. From its peak in 2011 to its last major low in late 2015, Gold lost around 45% of its value which is significant but this also took 4 years in the making.

    BitCoin and other cryptos have lost 70% to 90%+ of their value from their peak in just around 6 months which is much more severe by anyones measure. Ripple (XRP) has now lost over 93% of its value since its peak at $3.84 -- Ouch! How can Crypto's be trusted as a "store of value" with such wild swings? I hope you will answer, as I believe this is a fair question.

    While I do plan to start nibbling at hopefully what should be a bottom soon over the next several weeks, risk management, suggests that investments in this area be limited so that one does not put all ones eggs in one basket, especially since no-one really know when or where they will bottom and the swings can be so severe.

    Your thoughts & comments?

    1. Look at the crypto market over the same 4 years as the gold market and you’ll see that the crypto market has gained a tremendous amount of value over the same time period. It’s undeniable, and it’s only the beginning. Don’t worry about the bear market right now. The crypto market does this on a regular cycle and new all time highs are reached with each new bull market. It’s the birth pains of a new asset class.

  11. The quantity of XRP coins is fixed. Bitcoin is fairly fixed but has a slow growth until no more can be mined. Ethereum is growing a bit faster than Bitcoin but it too will slow until it finally comes to a stop.

    So the quantity of coins is a solid almost fixed number within the valuation formula. I believe that a coin market cap is a product of the number of coins multiplied by the unit value of a coin so it is fixed also although that fixed amount varies dependent on the unit cost. This puts a lot of emphasis on the unit cost doesn’t it? The unit cost is the deciding variable in the formula.

    So how is the unit cost determined? From what I have found the unit cost of a coin is based on the amount someone is willing to sell it at. This perplexed me for a while, because I could not figure out a reason why someone would want to sell it below the current market price. Then it hit me. Who would gain by selling their coin at a discount price? Someone who betted on a short of the coin value perhaps?

    If so how could this play out? I tinkered in my mind for a bit and came up with a hypothesis. Perhaps one could buy futures to sell at a certain price…presumably below market value in a bear market and bet on that short to have an overall gain. But how would it work?

    So say I had a bunch of coin, a futures contract to sell at a given unit value (below market cost), and I’ve bet on the short of a coins value. Now I know when my future contract is coming to term so if I worked out the ratios correctly I could in theory sell my bunch of coin below market cost just prior to the term of my futures contract to force the market down which would trigger my futures sell off which would force the value down even more and in turn pay off on the short bet. The ratio would have to be such that the short bet would gain enough to cover the loss on the bunch of coin discount sell, the loss on futures sale and put a profit in my pocket. Now if my future contract coin purchase price was a lower price than the future contract sale amount that could help absorb the initial loss on the bunch of coin discount sell off.

    If someone had enough money to tinker with something of this sort would it be possible? If not why and what is in place to guard against something of this sort?

  12. It seems that we are now entering the Panic Sell Off Zone in the cryptos market , the opposite side of the Excess Optimism Zone from 9 months ago .
    This should normally be the best moment to buy , in small doses , as nobody knows where is the real bottom . If I am right , it should be done in the next two weeks , and only a part of all this crypto world should survive to the purge .
    Then , formation of a base during a few months , and a take off in 2019......

    Time will tell.....!

  13. Hello ,

    Just want to post two links .
    The first one about Ripple and XRP . Nothing new , and I think there's already some articles about the distinction between Ripple and XRP :

    https://hackernoon.com/ripple-not-a-cryptocurrency-afc5e9248c4c

    The second link is more interesting . Apparently , the World Bank is about to create the first global blockchain bond , in partnership with Commonwealth Bank of Australia.
    Slowly , but surely , we can witness signs of a future emerging trend , the beginning of the blockchain adoption by the behemoth of the financial and economic system .

    https://hackernoon.com/the-first-global-blockchain-bond-38952bdf1dac

    1. Ledude, I expect more of a V-shaped recovery. So the bull market takes off within this year (late Q3 or early Q4). But your guess is as good as mine!
      And thanks for the links!

      1. Hi Redjon ,

        Hope your're right ! I also do prefer a V-shape recovery , but I am not sure of it .
        Why ?
        Because of a shrinking global liquidity due to the rise of the USD , and the beginning of a turmoil in the forex markets. This is a risk that portends a crash or at minima a breakdown in the global stocks markets , for a few months . It should not last , but during this phase , everything will be sold , even an already oversold crypto market .
        There is too many imbalances in these global markets which need to be adressed . We have already seen this kind of behaviour during the 1997 -98 Asian financial crisis and the LTCM failure , who led to the first massive Fed intervention .
        Times have changed and history doesn't repeat in the same way , but it sure rhythms.

        Anyway , if this happen , it will be good for XRP and some of the best cryptos in the long term , as most people will realize how fragile are the currencies and financial markets.

        Wish you the best , for you and all of the POM readers !

  14. I wrote this long-winded reply to a friend who was asking what to make of the recent Turko-American spat, which I thought may be of interest at least from a background crisis and any potential outcomes and it is perhaps related to the subject of XRP and money in general.

    First, we must consider some facts about the Turkish Republic which is around 100 (hundred) years old and it emerged from what was left of the vast Ottoman empire which was a predominantly Sunni Islamic empire that emerged from 1500 to the end of the WW I (First world war). The Ottoman Turkic rulers defeated Byzantium (Constantinople or the modern Istanbul) in the summer of 1453 after a bloody siege and the three days of rape, pillage and death of the last Orthodox Christian empire.

    After the WWI, the Ottomans lost much of it's territory to the British and the French and from the lost lands, nations as Saudi Arabia, Kuwait, Syria, Lebanon, Iraq and few other minor nations emerged. In fact, the new nations that came into existence were created by the Brits and the French under the Sykes-Picot accord. If you look at the map of these countries, you will notice the borders are straight lines, which is the result of the Geopolitical officers of the British mainly and the French generals that drew these lines with good old, rulers that we all used in school. These nations are associated with, "A line in the sand" since the generals literally drew the map and demarcation of the new Middle-East on the sand during the breaks in negotiations. It was decided that the new ethnicity of the new Middle-EAst should be given to the "Arabs" since the British had already cultivated a long-standing relationship with the Arab Beduin leaders and unsurprisingly, A nation was named after one of these families, that is the Al-Saud family. In this way, Saudi Arabia is the only country on earth that is named after a clan! Had the Rotchilds been the ruling clan of the Arabs, the country would have been called, Rothchildistan,...maybe!

    The modern Turkish republic came existence around the early 1920's with the help of an Ottoman general by the name of Mustapha Kemal Pasha later given the title "Ata Turk" meaning the father of the Turks. The Turkish Republic until the late 1980's remained very secular and but with machinations by the globalists and their favouritism of Islamism as a favoured tool of subjugation at the end of the 1970's, Turkey began leaning towards Islamism. Mr Rejeb Erdogan, the current president is an Islamist but the CIA have been sponsoring another super-Islamist old man named "Fettulah Gulen" (possibly as a backup in Pennsylvania!) who is behind much of the Sunni Islamist movements and educating/terrorism training (brainwashing better said!) of a whole generation of Muslims across the planet. The Christian priest that is in a Turkish prison is said to be possibly a CIA asset that is imprisoned by Erdogan since he was (allegedly) behind the coup in favour of the super-Islamist Gulen, attempt a couple of years ago! That does not mean Erdogan is an angel by any means, but rather another Islamist who may have gone rogue so the globalists have cultivated another clone possibly more potent than him, ready as a backup!

    Turkish economy and the economic success and boom were engineered by the Globalist west and Turkey sucked most of the investment after the engineered collapse of Imperial Iran. All of this has now halted as the engine of globalism and its power had been stopped. We should also bear in mind that Turkey is the largest Military after the US within the NATO alliance and US military holds atomic weapons and a powerful USAF in several Turkish airbases which were used during the Obama and Clintons and Bush's to destroy the Middle-EAstern nations and to create chaos so to loot and steal and destabilize the entire region and create the engine of migration to invade Europe. One stone to kill hundreds of birds comes to mind! The Libyan escapade was the last and Syrian war played a part in all the disastrous years of the globalists in power where Turkey was a key operative. Therefore, the Turkish Lira and a nation a 43% GDP to debt ratio and it's lending history by the Deutsche Bank with a 50Trillion Dollar loans to Turkey, Italy and other nations now in possible default can and is likely to the collapse of the EU project and the entire Euro monetary system. President Trump is possibly is planning that all these fiat money systems have gone so he can introduce a totally new system. This is now ongoing and therefore, the Turkish Lira and its demise will mean a default to the lender i.e. Deutsche bank which will, in turn, result in the EU to collapse, and this may be the outcome.

    Yesterday Qatar announced helping Turkey by granting a $15Billion to Turkey. The Qataris relationship with Turkey is a very complex in that both of these regimes are supported by the globalist factions in Europe/UK/US and Qatar is the outpost posing as a nation, owned and run by and supported the globalists in EU. Tukey provides military support for the super-rich outpost of a nation, Qatar but US military has some military relationship with Qatar too. It seems that Trump's foreign policy is aimed at dismantling the Qatar-Turkish axis from the EU, and not necessarily aimed at Turkey since Turkey has been a US ally, at least before the Trump's presidency. Turkey is also flirting with Russia and the recent Caspian agreement which Iran and Russia are in, may make Turkey assume a good future in the newly agreed Caspian accord. However, the new Caspian agreement will change once Iran is freed from the hands of the EU backed Mullahs for the simple reason that the Mullahs sold Irans's 50 per cent share of the Caspian in return for backing from the Russians and to many Iranian commentators this is nothing short of treason! What is certain is that all of this hinges on saving Iran from the claws of the NAZI EU. The same attempt is undergoing in relation to Iran that has also an EU backed regime. The aim is to ultimately dismantle the EU and its Sovieteqsque and despotic, neo-colonialist structure. This, I believe is happening and will be successful and hopefully soon! Yesterday, the Trump administration and US State Dept. announced a special action group, "Iran Action Group" to monitor Iran and her activities under the 12 point plan transmitted to the Mullahs.

    Studying all this one remains certain that a systematic and orchestrated attempt at restructuring the world system and a RESET now becomes inevitable. All of the above is directly connected to this RESET that many envisage will come at some point in future...maybe Oct-Nov maybe next year or the year after, but for sure we should expect a major change. Therefore Cryptos, Gold and Silver would be good to hold or 😂 HODL .

    1. Great stuff Carpe Diem, I love the way you combine the history with current developments and a dash of high octane speculation! Fascinating to watch what happens with the lira and wider EM currencies/markets. Yes if this develops into a major EM crisis the dollar could well be on its way to a "blow-off top" before the depreciation that JC has long predicted.

      1. Thank you Dear Redjon,

        I appreciate your kind feedback. Please consider everything I wrote here on POM as speculation only as this is my subjective analysis based on my limited knowledge and observation on nuances of what I read and study. My speculations can only be fine-tuned and to hopefully get closer to the reality of events with the help of all the great people here, such as your good self. I believe POM is a virtual university and I am a student and I learn from every comment as well as the knowledge and insight that our noble JC provides. I really look forward to every day and as much as I can to study the comments and input in this great centre of learning. I absolutely believe that everyone is here to make this world a better place for all people and the only way to prevent wars and achieve this is by being armed with knowledge and to cultivate wisdom.

        God Bless You and every noble member of the POM family.

        1. "CONTAGION: Why Turkey could Gobble Up the World"

          I just watched this excellent presentation by Lynnet Zang of events which may follow from here on in relations to the Turkish financial problems which I can recommend. It seems Turkey is the catalyst for the financial collapse which may open the prospect of a new financial system worldwide!

          https://www.youtube.com/watch?v=8O9UNeJlpoo

  15. "Geopolitical Game Changer: Who Will Putin Choose? - Israel or Iran"

    A while ago, I mentioned, here under one of JC's great article, that "For Russia, the Iran relationship is tactical, not strategic". The Serbian professor of Russian affairs confirms this in the clip. The entire show now depends on which side Iran goes towards. With a secular and democratic regime, there will be every opportunity for all the regional and other nations. With chaos and warfare, not only the region but the entire world will go back to darkness. Yet, it appears that "all the deals, have been done in the background" which may mean the current show is just a show, pure and simple. For Russia, Iran is a competitor, not an ally, because Iran holds both gas and oil possibly equal to Russia and both Iran and Russia would want to sell their earthly merchandise to Europe. Russia can only get by, through subduing Iran to sell her products but more importantly, Iran sits at the most important geopolitical crossroad on the planet and anyone who controls Iran, can also control the world. Yet, history tells us that the geopolitical position that Iran is at, prevents it from exclusive subjugation by any one power, militarily speaking. The EU/UK experiment worked for 3 decades but Iran in this regard was carved up economically to the exclusion of the United States but things are about to change to the favour of the US and Iran. Russia will not be harmed by such relationship but the EU/UK will for sure.

    Russia's natural ally in the region is Isreal as the predecessor to Russia, i.e. the Soviet Union was a founding member of the Republic of Isreal and culturally also the two nations have much in common. I have also heard that the Soviet Union parked much of its Gold reserve in Israel which possibly stands to date. This could be an added incentive for Russia to be best buddies with Israel, although, Israel may become a secular nation without the Political Judaism (Zionism) as its excess baggage, making it a model democracy and possibly a force for good in economy, trade, and culture once the fanaticism of the Islamic world and the Judaic world ceases to eaxist...should I say unfunded to exist! After all, Jews and Arabs are of one Semitic race and have little cultural differences. This also can be beneficial for Russia too. Anyway, just some thoughts on this matter!

    https://www.youtube.com/watch?v=Q37bdkNJFW4&feature=em-uploademail

    1. Good points CD. Since the world seems to be becoming more fragmented in its outward realm what if Iran would supply Asia with gas and oil and Russia supply the EU? Perhaps Russia would just want to protect its business territory and help push Iran to see Asia as its customer base.

      Israel with Genie Oil now in Golan Heights and seemingly buying up oil fields along the Euphrates River in Syria seems to create a trajectory into Turkey and could project into the south EU region. This would then constrain Russia to the north EU region with their German pipeline deal that Trump exposed. Another consideration is if Genie Oil can get a pipeline of oil up to Turkey they could capture some of the coming New Silk Road business. China is huge she may need multiple oil sources and could pit those sources against each other to garnish the best prices for her petro Yuan.

      Interesting. Just some thinking out loud pal. But business is really weird with the fragmented push and pull of it all.

      David Bohm thought that competition was pervasive. Perhaps he saw this competition as being the common thread that corrupts the spirit of things like communism and capitalism alike. Competition seems to bring out man's will to win at any cost. To win is to consolidate, to consolidate is to bring about a centralized power of sorts which in the business world seems to result in monopolies. So we fragment those monopolies and they come back again and again.

      This process seems to cause a division amongst mankind. Those who have that will to fight to the top without regard of the effects they cause on their fellow man; and those who have the will of personal constraint to be selfish unto themselves trying to live life understanding the effects of their causes and being conscious enough to not impose them upon their fellow man.

      Perhaps mankind is entering into a new phase where these two elements once again find some sense of balance while the world rights itself and heals her wounds. We've certainly pushed her to the breaking point yet again and I'm sure we will again in the future. But for now it sure is great to be alive during this time of finding balance again. Just imagine this time there has been no world war...so far. We are still in that "30% higher probability of war" zone so lets hope we make it through without one, because this would show progress in human evolution from the larger picture of it all wouldn't it?

      Wish you a great day my friend.

  16. Carpe Diem , Dane ,

    I must say I feel blessed to read your posts ,and learn about history , ex-empires and consequences of some decisions and acts from 100 or 200 years ago .
    Even if I knew some elements of history about the end of the ottoman empire and the Sykes Picot accord , I wasn't able to connect all the dots and see the picture so clearly , with all the actual intrications and manoeuvers behind the curtains . So many parameters and actors/countries involved in that game that it's easy to loose the global picture .
    Thanks to you and JC to gather so many great minds in POM community !

    1. Dear Ledude59, Dear Dane,

      Thank you guys and the noble POM family and most of all to our JC who created such a fantastic forum for us all to find each other, to learn and to grow.

      I also wanted to add, that it appears that in the new multipolar world, Russia may be given the control of security and trace aspects of Europe with the exception of the UK (US will take care of the UK and the American continent...posssibly!). In the Near-East region Again Russia will take care of some parts of the region with the exception of Iran. In this context, Israel as a regional military and economic power would naturally fall under Russia's sphere of influence and security.

      What is worrisome in all this is China and the problems which it may cause regarding feeding her population and her attempts at finding energy resources which as a superpower it will be her biggest issue. A superpower without easy access to its own to energy renders that superpower troublesome to other nations. Add to this the water shortage problems and insufficient arable land to feed her massive population. In this regard, the Chinese Government is leasing land and fishing waters as far the Persian Gulf region where it is becoming a serious problem for the seaport natives of Iran where they are complaining of the technics used by the Chinese trawlers, leaving the Iranian fishermen starved of their ancient income! This is another symptom of a super corrupt and absolutely hated Islamist cabal ruling Iran by force. Iranian commentators are now suggesting that the corrupt Mullahs have "leased" several Islands in the Persian Gulf to the Chinese, namely the Kish Island. A while ago, there were rumours of a navy seaport "Chah-bahar" in the southeastern corner of Iran by the Indian Ocean to the Chinese in return for favours, possibly financial or trade. It is, therefore, possible to imagine, that somehow the Chinese influence will become scrutinised as the Chinese now control much of Africa and there are already a huge number of Chinese nationals to have migrated to countries such as Ethiopia where they currently control much of the economy. In the regard, the Chinese never invaded any nation militarily but have moved in with the speed of a turtle in decades. Anyway, again some thoughts on whats going on and my apologies in advance. The following article today caught my attention regarding land lease of Russian land by the Chinese, although the Chinese have similar deals with Vietnam and few other regional nations! Many suggest that Mao Zedong saved the world through his collectivist/communist system, otherwise, the mass starvation of the Chinese would have caused many wars in Asia and the rest of the world!

      I would have only hoped that the fake-stream media would discuss and inform the public instead of the nonstop barrage of insults and slurs at a US president that they do not like. A viable Democracy without a well-informed public always ends in tyranny...

      https://www.zerohedge.com/news/2018-08-16/russia-offers-25-million-acres-farmland-china-amid-worsening-trade-war

      1. Hey CD I get what you're laying down pal but keep in mind that the world can sustain us if we are mindful of what we eat and how we go about it.

        For instance check out how China has found a way to farm the desert.

        "China's Greening of the Vast Kubuqi Desert is a Model for Land Restoration Projects Everywhere"

        http://time.com/4851013/china-greening-kubuqi-desert-land-restoration/

        "New technology in China turns desert into land rich with crops"

        https://www.youtube.com/watch?v=cazVrq9v1mE

        "China has found a way to turn deserts into forests"

        https://www.youtube.com/watch?v=9C0_iApuIcU

        "China transforms it's second biggest desert into a fertile oasis"

        https://www.youtube.com/watch?v=eRzHa3I4eOQ

        So as long as greed can be kept at bay we may be okay. We just have to make sure we look within ourselves and be the best human beings we can be. Perhaps China will have another Buddha era.

        But it's no different over here in the West is it? I can say I've been hearing from local fishermen that the Mahi Mahi are back in numbers, Pompano can be seen swimming by the docks at our marinas (very unusual) and the lobster season is proving to be very fruitful this year also. Maybe its not quite as apocalyptic as we are led to believe.

        I hope this helps bring some peace to your heart my friend.

        Thank you Ledude, we all make this community the great place it is though. I think JC's lead is what makes it all possible. He has stated how POM has evolved to something he never expected, although I believe he is a man with no expectations I believe POM has taken him for a ride he is grateful for. There is a common thread that runs through POM that is simply genius, I believe this thread of indomitable spirit is what ties us all together.

        1. Well said Dane, yes the negative Malthusian doomer mindset has been proven wrong time and time again. Yet proponents of it still exist and I believe this is largely tied into the AGW movement which as we know enjoys massive funding. What they continually fail to factor in are the effects of ongoing/forthcoming progress and efficiency improvements in food production and land use - thanks for the illustrative links on that. Personally I am of the opinion that we will fly the nest (establish sustainable off-world colonies) long before overpopulation of our home planet becomes a serious issue.

          1. Thanks Redjon, I've seen regulation that seems to encompass off world mining already. Robots could do that rather efficiently I would think. They could be paid in crypto's too 🙂

        2. Thank you Dane,

          And yes, I agree with all the points you raised regarding China and ingenuity of the Chinese as well as the human family. I sincerely hope that the inhabitants of this planet, our home, will be a safe place for all of us and there will be no more wars and injustices.

          I really liked this: "Perhaps China will have another Buddha era." and I hope that for all humanity. In fact, possibly the on;y purpose of life is to evolve and become perfected as spiritual beings. Human beings, as well as nations, share the same evolutionary path and all the trauma we suffer individually and collectively is to direct us toward enlightenment where we finally realize the emptiness and the illusion of this world. Yet, as beings parachuted here, we have duties in creating balance in this domain whilst alive, with the aid of the Free Will to say good and encouraging words, to think well and positively and act in accordance with the good thoughts and positive behaviour.

          So yes, let's hope, humanity "will have another Buddha era" too! It's all up to us and the magic charm is within us to achieve that.

          Wish you a great day my friend,

          1. Thank you Dane,

            The following Proclamation From Yezidis' Revelation is also an interesting one regarding the ancient Yezidiz whose religious foundation is based on a version fo Mazdian philosophy (aka Zoroastrian) and here, Malek Tawus (Supreme Peacock) speaks of what the world he created is all about:

            https://www.youtube.com/watch?v=WHSg4FAtNiw

            ps. The lady narrator, Tracy Twyman is a fascinating esoteric researcher and author.

          2. That was interesting CD. I find it a bit dividing as it seemed to say pick my way or you oppose me, and it was challenging to transform it into the God figure being within myself as opposed to outside of myself. I may have to listen to it again when I'm home without distractions because I believe someone relating to the peacock would be more universal than setting people against one another.

            Thanks for sharing it my friend.

          3. You are welcome Dand and thank you for your insightful comment,

            The Yezidi book of revelation appears to have been written not so long ago by non-Yezidis and possibly for the European travellers of the era who were fascinated with these ancient people and their rituals and practices. The revelation is in fact partly to describe the cosmology of creation by these people who lived next to a Semitic people but were of an Indo-European descent. In the religious and philosophical traditions of the ancient people whose belief system is placed in the "Aryan" philosophical system, the emphasis has always been in reciting the words as "Hymns" and always "Orally". They had many reasons in emphasising the oral tradition as opposed to a "Scripted" or written tradition. Therefore, it is possible that in time the oral tradition, once reproduced in written format to have somewhat changed from its origin and this is one reason that the cosmology and the philosophy of their ancestors yo have been a communal singing and hymnal. This approach carries a strong logic in that any words accompanying with a musical tone, is registered far more and it remains in the memory for longer, particularly if this starts from an early age. The Hindu and Mazdians as well as the Yezidis to this day, sing hymns. In the Iranian context, these hymns are known as "The Gathas" of Zarathushtra and the book is titled "Hymns in Praise of Wisdom". I, therefore, believe that the Yezidis having been written based on the translation of the Yezidi revelation may have been changed as here we see why the ancient Aryan people were against written scripture and for the Oral tradition since the invention of writing, may cause the misinterpretation of the truth (revelations) by next generations. Yezidis possibly formed as a sect from a transmutation of the very ancient belief systems in the area to possibly included the Mandaeans which exists today. The Near East is a mosaic of thousands of languages, dialects and belief system that lived side by side for millennia and the interaction of these people provided much of the contemporary world belief system that was centralized in what we now refer to as the Abrahamic religions, Christianity, Judaism and Islam. The end of WWI defined the new shape of the Near East which was created by the British and the French colonialists and prior to their arrival, this region had a totally different makeup in ethnicity, culture and religions! So the prupose of wars it appears to cause major changes to people's psyche by organising them differently and ofetn not according thir wishes and traditions.

            Also, it is possible that the Yezidis having had to endure constant accusation of Satan worshipping by the fanatic Muslims who took control of the region some 1400 years ago, may have possibly wanted to change or adapt their ancient belief system to suit the aggressive Semitics so they are left alone. As we have all witnessed, the peaceful Yezidis were attacked and were raped and killed by the Western-backed criminal murdering gangsters known as Daesh or ISIS a couple of years ago. The battle of the darkness against the Light is an ancient one and it comes in all forms and shapes in any and every epoch of time.

            Wish you a great day my friend.

            https://en.wikipedia.org/wiki/Yazidi_Book_of_Revelation

          4. Very cool CD. Makes me think back to the Pagan beliefs of long ago. The Yazidi Book of Revelation reminds me of Revelations in my 1611 version of the King James Bible. It is there I reference the Crown Beast we speak of here on POM. Funny how the brain works isn't it?

        3. This is very interesting Dane, Thank you,

          I found the following in Chapter V which confirms what I stated in regards to written versus Oral traditions and this indicates that Yezidies is a very old cult and belong to an era possibly before the introduction of writing perhaps via Sumerians. It is also interesting that they do not like or trust the Abrahamic trio for sure and the feeling is mutual so the fact these people lasted so long, is remarkable.

          "Receive that that is dictated, and do not carry it before those who are without, Jews, Christians, Moslems, and others; for they know not the nature of my teaching. Do not give them your books, lest they alter them without your knowledge. Learn by heart the greater part of them, lest they be altered."

          What is certain though is that the Yezidism is a gnostic belief system and it is an ethnic religion and one is born into a system and belief system. I get the impression that, by this ethnoreligious group having endured so many threats and loss of life in various periods of history, they may have lost much of the original teachings. I found the following short documentary on these people extremely fascinating. You will notice several symbolic items at the temple, namely, the Sun on top of the arch in between two columns/towers, as well as their belief in the holiness of the fire. Ablution is also a ritual which the Yezidis which they carry out as cleaning by the holy water at the holy site (Mandeans are possibly as old as these people who also have ablution rituals in initiating their young adults). It is interesting to notice that they celebrate their new year at the end of the Persian New year in early April and that their calendar is the year 6768 as of 2018 which shows how long they have been around! One gets the impression that all the three Abrahamic religions have taken so much from the older belief systems which they eradicated almost completely and Mandeans and Yezidis and a few other smaller people are whats left of a once rich tapestry of cultures and belief systems. It seems, that what we experience now as "Globalism" is an attempt to put humanity through a grinder machine and to mould press a new species. The same process has happened everywhere including Europe. Homogenizing people is an ongoing process and had not stopped from the early empires on this planet and globalization follows the same mindset that in the end demands all people must look, talk and think the same and no variation is tolerated. I'd say and beleive in, "vive la différence"...

          https://www.youtube.com/watch?v=NSwrqVd1zuQ

  17. Dane,
    I've loved the Chinese restoration project you shared since I encountered it many years ago when I was first becoming a permaculture designer/teacher. So inspiring. Another source of permacultural inspiration for me more recently has been reading Starhawk's two novels, The Fifth Sacred Thing and the sequel, City of Refuge. They are of a more "dystopic" view of the year 2048 than most here at POM would ascribe to, I imagine, but the "utopic" part of the novels reveals a permaculturist's view of paradise. The City of San Francisco "restored" as a permacuture paradise with gardens and orchards, irrigated with reclaimed streams from ancient watersheds..

  18. Hello POM community ,

    Something worth reading , about XRP and decentralisation . 2019 will surely be the Year of Recognition for XRP as more and more financial structures are adopting Ripple's solutions .....

    https://xrpcommunity.blog/time-changes-all-things/

    Redjon , Dane , Carpe Diem ,
    thanks for your links about the revolutionary technics of greening deserts in China , and about a New Era of Buddha which , I hope , will come soon ! This is very refreshing news thinking about many places or countries where deserts are eating big parts of their territories....

    1. Your very welcome Ledude. One thing we have to keep in mind though is these crops need water. Many countries are currently running cloud seeding programs to make it rain over their lands. One major method of doing this is by combining dry ice with other chemicals at high altitudes. Dry ice is our most condensed form of CO2. CO2 is the largest contributing factor to the greenhouse effect, and the greenhouse effect is the largest contributor to global warming. But we could also add that higher levels of CO2 cause earth to produce more plants which eat that CO2 which could in turn balance after some time.

      https://en.wikipedia.org/wiki/Cloud_seeding

      https://en.wikipedia.org/wiki/Greenhouse_effect

      https://en.wikipedia.org/wiki/Global_warming

      It's just insane that we (humans) create problems from our actions which most likely cause the desert in the first place, then we spend millions, billions and so much brain power to fix the problems we have caused. It seems so simple. Stop doing what is causing the problem in the first place and everything will right itself. Oh well, the wheel in the sky keeps turning, and we keep doing the same things expecting different results...lol.

  19. Dane,
    I'm personally not very knowledgable on what many of my "conspiracy-minded" friends living in my community call "Geoengineering", but they believe there is a Geoengineering occurring throughout the world. They have their own "explanations" for Geoengineering, but to me, it makes perfect sense that since there are many supposed "proposals" coming public now about using cloud creation to block sun radiation to counter global warming, that most likely Geenngineering has been going on surreptitiously for years now purposely to counter global warming. There is evidence for aluminum particles being used for cloud seeding, with HAARP technologies being used to focus and direct such clouds. I'm curious what folks in this forum think about Geoengineering. Your comment, Dane, about using it for water management spurred that thought for me. I had trouble figuring out the sign in vs. log in stuff for this website, so I meant for my name to be shown as Chuck, rather than my email address.. If that could be changed, I would appreciate it, JC,, but it's all right if it stays this way...
    Thanks
    Chuck

    1. Hi Chuck, Although cloud seeding for rain is geoengineering I'm seeing cloud seeding for rain and the newer trend labeling of geoengineering as two seperate things so far. Because I see the spreading of "blanket like" clouds high up in the atmosphere separate from the lower rain clouds. The cloud seeding for rain has been going on for a while now as shown in the link I provided in my previous comment. However, this geoengineering aspect that folks are speaking out about to block the sun is a disruption within for me.

      The theory I've read about is that the aluminum particles will reflect the sun's heat away from the earth's crust. Unfortunately I'm not in agreement with that reasoning. The way it is explained gives me a picture of the aluminum cpu heatsink system. If we look into how the cpu and the heatsink transfers heat from the cpu into the aluminum block and into the aluminum fins for dispersal via the fan circulating air. If you've ever held your hand by the vents where the air comes out of the pc you can see it is a bit warmer than the ambient air surrounding it.

      Applying that logic to aluminum particles which would probably reflect the sun's rays but they would also get hot from the sun's rays and as they remain there and and or fall to earth that collected heat would be radiated heat which would then heat the atmosphere and thus warm the earth. If these aluminum particles fall to earth they would most likely bring that heat with them all the way down to the earth's crust also. In this scenario the sun would be the cpu, the aluminum particles the heatsink and our atmosphere the air to cool it. This would result in the air warming I would think.

      So to me the result would be hotter air temperatures which could give a sense of global warming.

      All this could play into plenty of conspiracies but it could also create business to counter this....."global warming". If whoever is applying this theory of blocking the sun's rays is wise to this logic they could ultimately stop the geoengineering to then claim that they have saved mankind by performing a miracle of curing the heating of the earth which we call global warming.

      But in all seriousness this seems all to be acts of the grandiose egos of man thinking the creator of it all didn't do a good enough job and that we can do it better. Maybe one day we will learn to fix ourselves on the inside and then we will see that the outer world around us will be as perfect as its always been intended to be.

      How does this align with what you all understand?

  20. Chuck , dane ,

    Well , in fact , I don't know what to think about geoengineering , as from the beginning of Mankind , each civilization has been playing sorcerer"s apprentice .

    https://www.youtube.com/watch?v=2DX2yVucz24

    This desire to master the elements can be catastrophic, but over the generations mankind has made prodigious quantum leap. Science advances only through trials and trials , and often gives the impression that it sold its soul for greed and money.
    Geographically limited experiments from 50 years ago now become global risks applying to the entire planet.
    I have a friend who is certain that the trails have a negative influence on his health. That may be true. I can only think of it. The same friend is very concerned about the frequency of eruptions and earthquake around the fire belt. For him Mother Earth is looking for revenge .
    For myself , I'm sure the Earth can survive without mankind , so let it be..... for the best , I hope so !
    I really hope greed will be stopped before it's too late , so that we can see another era of peace and prosperity . Maybe this coming digital era of cryptos and blockchain will bring it !

  21. I thought this is a good and balanced article regarding Inflation and why it is necessary, Deflation, Paper money and finally how XRP is designed differently to Bitcoin and other Cryptos. The following excerpt, I found interesting in explaining this:

    "Not only is it Ripple's specific targeting of banks to be major XRP holders (similar to how the government allocates freshly printed money to banks when it inflates fiat currency), but it's Ripple's ability to 'dictate' the rate of XRP distribution that allows them to somewhat emulate 'inflation' for XRP; in effect, dampening the force of hoarding by flooding the market with new XRP at rates commensurate with the goal to suppress centralization of XRP."

    http://galgitron.net/Post/Why-Ripple-needs-so-much-XRP

    1. Thanks Carpe Diem, the author makes a lot of good points. Although I am not sure I understand/agree with all of them. For example:
      "Without inflation, if someone, like the 1%, kept all their cash in a safe, they would actually be 'profiting' just by keeping it, so this type of passive investing would discourage their spending, which suppresses economic growth. This makes the rest of us work harder for the remaining circulating cash (aka making it more valuable), magnifying the divide between the rich and poor."
      I am not sure whether this is just wrong or I need further explanation of it. The labor force do not self-adjust their work rate based on the rate of inflation! Do they? And it is hard to see how an increase in general savings rates magnifies the rich-poor divide. In my mind it is perpetual consumption/spending driven by inflation which magnifies the divide. That, and the inflationary increase in value of assets, which are predominantly in the hands of the rich.
      One may ask, if deflation would increase the rich-poor divide, why do the elites do everything in their power to prevent it? Cui bono indeed.
      In support of my point, and I know it is more complex than this, but consider Japan, where they have "endured" (enjoyed?) mild deflation for many years. As per this report, "Japan has a more equal wealth distribution than any other major country" (page 49):
      http://publications.credit-suisse.com/tasks/render/file/index.cfm?fileid=12DFFD63-07D1-EC63-A3D5F67356880EF3

      Anyway, for sure I can see how Ripple having some measure of control over the inflation of XRP is a good thing, at least until the eventual and inevitable corruption takes hold.

      1. Hi Redjon,

        Thank you for your thoughts on this article and Yes, I see your points regarding inflation and why you consider it to be perhaps not so positive for us the normal tax-paying folks and I agree with you. However, perhaps Inflation is a double-edged sword that cuts both ways, that is it can be a force/tool for good and one that can be taken as a tool of oppression by the money elite. Perhaps, a middle ground is necessary in this regard which could be a tool for preventing the hoarding of money and cryptos for that matter. Inflation prevents hoarding because it ensures that value of that token/money to reduce so instead, it may make people holding them to spend the money/token and thus allow circulation of the money in the system which may revitalize aspects of society almost like blood running through the veins. The blood analogy may be an interesting one here in that a blood clot in any of our organs would cause atrophy and the death of that organ and possibly us. Therefore a constant flow of money which may be similar to the blood in our body is a guarantor of vitality within us. We can, therefore, consider, inflation as a tool which governments have used forever. Also, when you take a loan for say $100K today, for say 30 years, with inflation, this amount becomes gradually less in value, but your asset, which is the property you have purchased through that loan/mortgage, will have gone much higher. So here, inflation is not necessarily a bad thing. Also, the governments use Inflation for a similar purpose, in reducing the outlay of the debt in time.
        The XRP's mechanism of releasing XRP and burning some periodically is to maintain it's value/price and also to possibly control the inflation which may dictate the token's value as well as the economy. The act of releasing and burning will be hopefully beneficial to us all once this token becomes the standard in any aspect of the economy.

        1. Since we are still in the old unipolar global financial system wouldn't any inflation the USD incurs as the world's reserve be pushed out to other nations of the world to bear? In this way inflation could be used in an effort to get them to move away from the overbearing USD and depeg from it. This could allow each nations currency whether it be digital or fiat to stabilize and find its own valuation derived from each nations GDP. At the same time the depegging from the USD would allow it to relinquish its role as the world reserve currency and allow it to also find a balanced normalcy. This would fit into the undoing of the Bretton Woods agreement and facilitate a more balanced trade with other nations for the US and her trade partners.

          Of course this would also create the need for an exchange mechanism for countries to pay for goods and services with each other which is where XRP and Ripple could fit right in. 🙂

          1. This is a great point Dane, Thank you.

            The way this US admin is pushing many countries namely Turkey and Iran and others by devaluing their respective national currency can be also seen as a method of discouraging them from using USD with impunity to the US, (and other onlooking nations!) will begin to dump their USD's by possibly buying all they can currently get with all the USD in their coffers/pockets! It is now apparent that the age of USD as a supreme world currency is rapidly coming to an end. Could this also explain why the companies are buying up their own assets causing a rise in stock prices?! Just wondering!

            Whatever that is now inevitable to come, will be a whole different system. In this regard, I listened to this most interesting discussion by Greg Hunter, while driving yesterday. Greg Hunter had these guys before in his shows but both present at this interview as fascinating. The two guys are experts in Gold and investment regarding this subject. It's a fascinating perspective anyway I thought:

            Jim Sinclair & Bill Holter - The World Is Venezuela

            https://www.youtube.com/watch?v=vM-PcocIDB0

          2. It's just a reflection of your great teaching JC. You've been saying it all along, we just have to swap XRP with SDR and shazam! Thanks pal.

            Your welcome CD. Credit must go to JC though, I'm just a good student...maybe teachers aid 🙂 thats all.

            I'm not sure about the stocks. Something tells me though that with the end of Quantitative Easing and the rise of interest rates they need to buy back stock like paying down their loans to stay solvent. They could become over extended very quick if not.

          3. Hi Dane,

            According to this gorgeous lady (Danielle DiMartino Booth) the interest rates will continue up and the next one is at the end of September. She is a Fed insider and she talks about Turkey and Iran situation in terms of USD. She also said that the new Fed boss, Mr Powel knows that the real inflation figures are different to what we are told, possibly meaning that it is much higher, hence rate rise is the only tool! Anyway, yet another perspective but as a bonus, she is stunning looking and I actually paid attention to the end 🙂

            https://www.youtube.com/watch?v=0RRZoZqMGE0

    1. Yes! Good one Dane, I remember watching that when it was first broadcast, about 11 or 12 years ago. It was one of the main things that opened my mind on this topic. One of the key points I took from it was basically, "It's the sun, stupid!"
      In other words, what folks generally don't appreciate is that the sun is not a static orb in the sky, it's an active roiling "organism" - its energy output is certainly quite variable. And since it is ultimately the source of essentially all energy here on earth, surely its influence on our climate utterly dominates any current earthbound factors including human activity. Whilst I'm all in favour of energy efficiency etc. whatever we do in that regard is likely to have virtually no measurable effect on climate change.

  22. So if periods of higher earth temperatures correspond with golden ages and rise in earth temps are from the sun...and its a natural cyclical process who would would want to block that golden age with geoengineering? The priest or elite class? Why, to remain in power? Golden ages seem to equalize people's don't they?

    1. It's highly complex to analyse Dane but I hadn't thought of it from that angle before, interesting. I suppose the current status quo is a golden age from the elites' point of view and they are trying to do everything they can to maintain it at all costs.

  23. Thank you guys, Dane, Redjon, Ledude59 and Chuck,

    I have been meaning to put my two cents in your great discussion on the subject of the Sun, Geoengineering from a mythological/etymological perspective. The word for the Sun, in modern as well as the ancient Persian, is Xorsheed with X pronounced as "Kh" and it is made up of "Xor" and "Sheed". Xor is indeed Hora or better said "Horus" and the ancient Iranian spiritual the Mazdian which is better known as Zoroastrian (Zarathustraian) is also known and refer to the "Sun-worshippers"!

    Sun plays the most in all life on this planet and for that matter, the movement of the planets within our solar system and the "Life-giving" Sun was revered by the Indo-Europeans who emerged as a powerful people in Central Asia, Siberia as well as Egypt! It is therefore not unexpected to see similar connections in mythological and spiritual symbolism and belief system as well as linguistic usage of the term original term for the Sun in all contemporary European and Indo-European languages. Name of certain areas of the ancient world also begins with the same term, i.e. Xor (Hor) as the huge ancient landmass known as "Xorasan" (خراسان) "Khorasan" which is most of Eastern Iran, West of Afghanistan and almost the region of present Tajikistan and Turkemansiatn to the East of the Caspian Sea (Lake). Khorasan is said to be the original home of all the Indo-European people which were many tribes and the Iranian branch was one! Xorasan or Khorasan literally means the land of the Sun or "Khor-stan" with "Stan" is the word that designates the national boundary used by ancient Iranians and relates to the modern European languages as Stone, Stein!

    In contemporary European languages, the word for time is "Hour", Ora in Italian, Hora, Heure French, and Hora in Latin! All related to Horos. The significance of measuring time is also relational to the Sun since the earliest measuring of the time of the day was through the shadow that the sunlight marked on a tree and later on a more elaborate time measuring shaft in every town centre. So Time and Sun are both used interchangeably by our ancient ancestors.

    Interestingly the term for time is Sa'at (ساعت) in Arabic and Hebrew (שעה) "Sha'at", which is driven from the association of "Seth" and the following brief from Wikipedia explanation is very interesting:

    "Set had a positive role where he accompanies Ra on his solar boat to repel Apep, the serpent of Chaos." ...and Ra (another ancient Egyptian Sun deity!)

    https://en.wikipedia.org/wiki/Set_(deity)

    Now another well known Indo-European mythological symbol is the "Rooster" which according to Zoroastrians is a sacred bird that watches over the sky for the arrival of the Sun every day. If you notice a Rooster is placed on top of most old buildings in reverence for Roosters, singing at the first site of the sunlight and hence a symbol of "Light". The term in Persian for Rooster interestingly is "Xoroos" (خروس). Which is almost identical to the old SunGod's name "Horus". Can you see how the term "Roos-ter is related to the Iranic "Xo-roos" and how the mythology of the sacred Rooster is embedded in our psyche, so much that we do not see it anymore?

    Could this explain why we can not see the so-called "Secrets" hidden symbols in plain sight anymore?! Could "other" symbols be in our sight and we are not seeing them?!

    The Rooster was revered by Zoroastrians as reflected by the Wiki piece on the term for "Rooster:

    "Zoroastrianism, claimed to be "the oldest of the revealed world-religions"[91] and founded by the Prophet Zoroaster (or Zarathustra) opposed animal sacrifices but held the rooster as a "symbol of light"[92] and associated the cock with "good against evil"[92] because of his heraldic actions. In Iran during the Kianian Period, from about 2000 B.C. to about 700 B.C., among domestic birds, "the cock was the most sacred"[12] and within that religion, the devout, "had a cock to guard him and ward off evil spirits"."

    https://en.wikipedia.org/wiki/Rooster

    The life-giving power of the Sun is a part of the fabric of philosophy and thinkings as well as our everyday words and symbol we use and our languages evolved from what we observed. Now take a look at this 1400 years old Persian fabric "belonging to the Vatican (Holy See) in Rome "halo" denoting the status of being holy within that religious schema".

    https://en.wikipedia.org/wiki/Rooster#/media/File:Persian_Cock.jpg

    Can you see how "Halo" around a "Rooster" symbolises the Horos"?! Cand you see that "Halo" may be a mispronounced or driven from Horos?! Everything in the open and we are not taught to see the Connections...

    Wish you all a great and SUNNY Day.

  24. I used to visit POM but stopped and now I remember why. Seems JC has fully swallowed the crypto, hook link and sinker. How do you, JC, not realize that crypto/blockchain is the next iteration of fake money created by the usual banker suspects??? You gloss over the huge gold stockpiles being amassed by the next superpowers, Russia and China while claiming that gold is essentially dead and crypto is the next big thing. It's a bizarre change of course to anyone that has read your older writings on these topics.
    1) The Fed's balance sheet has barely moved since 'tightening' started. Still in the $4T range.
    2) It's proven that gold and silver markets are completely manipulated by the London/NYC paper markets that have barely a tenuous connection to the physical metals.
    3) Look at the backers of the XRP project. Does that list look like anything but the same old suspects??
    4) Cryptos are the farthest thing from anything resembling freedom and would be the crown jewel accomplishment of the banking cabal. "Money" that literally does not exist in any form except in your mind. Working for imaginary coins is called abject slavery! And then if you're not a "good citizen", based on your TPTB approved "social credit score", your imaginary money gets turned OFF or severely restricted to teach you how to be a good TPTB approved citizen. They will be able to control everything you buy and consume and ensure that you don't consume any more than you "need" to based on their criteria. It's the absolute death of freedom and you're touting it?

    Has everyone lost their minds??

    1. It doesn’t appear you stopped reading POM. What kind of monetary system do you want to see? How would it work? What would be the risks? Provide something meaningful instead of the same old gloom.

      1. It starts with recognizing that no one is going to save you and especially no one in the banker cabal. There is no beneficial intent. It's not gloom, it's recognizing the facts.

        Have you ever read the Talmud? This is the holy book of the banking cabal and those that control the bankers. You, and everyone else, are considered nothing but mere cattle, to be farmed, then slaughtered and replaced to run the cycle over again. And each cycle, the new cattle are controlled a little bit more over a larger portion of the planet. That's what the snake eating its tail -really- signifies. Eventually, and soon, the snake will wrap the entire planet and guarantee absolute control forever. Oh, and the most effective and therefore most common manipulation tool is playing on your emotions. Lifting up the poor folks is always a great excuse to steal a little more of your soul and enact a little bit more control.

        My solution? It starts with recognizing the illness instead of constantly fighting symptoms, which always leads us to accepting their solutions. Honest, sovereign asset-backed money, hard and fast term limits for politicians, enforcing righteous laws (not Vatican "statutes and codes" that make up "law" in much of the world) where most of the people perpetrating the pain against us are not allowed to continue to create the pain so they can try to sell us the solutions to the pain. We have been conditioned into a planet of Stockholm Syndrome sufferers where we continually look toward the pain givers to take away the pain. Stop giving them the ability to inflict it. Stop consenting to it.

    2. Some of your concerns are legitimate. However, I see the rise of crypto as inevitable and not something that one can realistically fight against, much less prevent. Therefore, it seems a prudent investment at this point. PMs still have their place but are unlikely to explode in value under any reasonably foreseeable scenario. Accumulation by China and Russia does not necessarily lead to the conclusion that some secret plan is afoot to "take down" the USD, as the gold pumpers would have us believe.
      I don't know whether the future is going to be dystopian or utopian but it is almost certain that the monetary system will be heavily crypto-based, like it or not.
      JC continues to do great work helping us understand the monetary transformation that is coming. Whether or not the eventual outcome of the crypto revolution is a net positive for humanity, there will likely be some effects along the way that we all presumably would view as beneficial. Such as a potentially massive scaling back of the existing banking industry and curtailment of their ability to extract profits from the masses.
      On the other hand, you are right to raise the issue of potential loss of freedoms and I hope JC will explore this in future articles.

      1. Of course crypto will be, if they get their way, because it is how absolute control is finally obtained. Absolute control over your entire existence. Yes, the dollar is being taken down intentionally as global reserve. It was even published on the front cover of The Economist magazine in 1988. They create the problem in order to offer the solution, a tactic called the Hegelian Dialectic. The use of duality, controlled opposition, to force a predetermined end result between two predefined choices, one "good" (white) and one "bad" (black), depending on which color of the chessboard you happen to align with. I admit to not having explored the esoteric sections of this website but I would think that if y'all are as up-to-speed as you think you are I shouldn't have to explain things like this!

        1. Sounds like you have all the answers. Come back in 10 years and tell us how all of this worked out just the way you said it would. Or give us the updated version of the narrative which would have evolved to accommodate the fact that people are still free and the world still functions. The divisions within the human heart and spirit are always fighting for control within each of us. In turn, these divisions externalize the fight into the material world. It will always be this way. What you want to experience is yourself in the world, but you can't help but bring the world into yourself, and then externalize your own unique corrupt version of it back into the shared world. I do not agree, or accept, your corrupt version of our corruptible world. I state this based on what you have said to us. You think you know everything but you know nothing. The world is not as simple as your narrative would have us believe. Childhood tales of good and evil are mere reflections on our inability to understand the fragmentation of light and darkness within ourselves. Perhaps you would do well to explore some of the esoteric material on this site. And if you think that all esoteric knowledge is bad, then you are further from the truth then your own words would suggest you are.

    3. In this video at 3:33 it explains one way that blockchain, cryptocurrency, XRP can help folks where banks will not go. They won't go because its not profitable for them to build a bank there, and even if they did the bank fees would be more than these folks are paid. The Ripple/XRP solutions will reach these poor folks and the fees will be so low they can finally begin to amass wealth of their own. How is this not an improvement over the existing system? How is this not an effort to lift folks out of the poverty the existing system has imposed on so many?

      https://www.youtube.com/watch?v=LRDerAmNWxk&t=477s

      I wonder if people are confusing the repatriation of gold back to their rightful owners, with countries amassing stockpiles of gold?

      Here is a good article explaining or debunking the JP Morgan "Imaginary Silver Hoarding" with some sound supply/demand/value logic.

      https://www.sprottmoney.com/Blog/jpmorgans-imaginary-silver-hoard-is-explained-jeff-nielson.html

      Since gold still has not gone to $10,000/oz it would seem the same logic holds for it. So again I ask, are people mistaking gold repatriation, for stockpiles of gold accumulation?

      1. Of course crypto will go where traditional brick-and-mortar banks won't go. How else do you implement a New World Order that encompasses every living being on the planet? It's strange to me that there's esoteric content on POM but it seems y'all don't really comprehend what it means, what the end goal is, what it's all leading up to. What the "new age" is about. It is a complete return to slavery-based society, with dumbed down worker slaves around the world, under the control of the "educated elect". It's the new Roman Empire but under a Chinese technocratic model for the modern age. There's nothing beneficial about it, at least in the long run.
        Regarding metals movements, do you think it is accidental that the bitcoin is always depicted as a golden coin? A backing to the planned global crypto infrastructure must be reintroduced to restore "confidence", hence why nations are replenishing their gold stores. Whether you call it hoarding or repatriation, the end result is the same. A gold backed crypto. The catch is that the bankers will once again be the trustees of the gold and the people left with imaginary money. This time it's even more imaginary than the last time. Bah, who needs paper or actual metals for trade? Who needs privacy and choice? Bah, all merely relics of past ages. Outdated ideas, them all. As long as poor people in Africa get to interact with bankers via the Mark of the Beast, it's a small price for us all to pay. Should we sing Kumbaya now and feel all warm and fuzzy?

        1. LOL...I can hear the panic in your words. It seems that you have fallen under their evil spell. You see esoteric is not evil. It's only understood by very few because very few choose to shoulder the responsibility to take their own personal path to finding what the world calls God. Instead they flock into structured materialistic literal understandings of ancient teachings and allegories. In doing this they create secret societies, churches, stupid initiations, etc.. The true teachings of these ancient texts is to help folks spiritually evolve into being better individual people in and of themselves. The corrupt version chooses not to better themselves but to impose laws, rules and then force everyone else to obey them.

          "Regarding metals movements, do you think it is accidental that the bitcoin is always depicted as a golden coin?"

          Not at all. I think its called a golden coin because its expensive to mine them, hard to spend because its so slow to move and expensive to use in transactions. But there are very few of them in the world so they hold a high value much like gold thus they have become, like gold a good storage of wealth....for now.

          Please do a bit more research and collect your thoughts so we can have a calm mature debate. I'm sure once you start to absorb some of the mountains of information we have amassed here on POM you will begin to see the world in a different light. Again I recommend you check out the Crown Beast Series linked above.

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