Bessent: And the fact that the entire global trading system- until Richard Nixon took us off- was tied to gold.
Tucker: So, you’re not anti-gold.
Bessent: Oh, no. No, no, no. When I had my [investment] fund, I think that people might have called me a gold bug.
On April 3, 2025, the Federal Reserve’s Atlanta branch reported that the USA’s Gross Domestic Product for the first quarter of the year (Q1 GDP) was down 2.8%, but that it was only down .8%, when adjusting for gold imports. If Mississippi wants to experience gold adjusted GDP, then the Mississippi Treasury should own some treasure.
We are going back to 1964 pricing for people with silver dollars, and hyper-inflation for everyone else.
Racism used to mean members of one race hating members of another race. Today, a racist is a white American who doesn’t vote Democrat. What is race and what is racism?
Trump: We hope everything is fine with Fort Knox. We’re going to go to Fort Knox- the fabled Fort Knox- to make sure the gold is there.
Reporter: Where would the gold have gone?
Trump: If the gold isn’t there, we’re going to be very upset.
The COMEX is making historic physical gold deliveries. They are sourcing the gold from the LBMA, who is sourcing it from London bullion banks and the Bank of England. However, it is taking the BOE 4-8 weeks to ship the gold that normally takes a few days. Is this a bullion bank run?
“I think we are in a long-term bull market in gold. I think we’re seeing reserve accumulation by central banks. I follow it closely. It’s my biggest position.” -US Treasury Secretary Scott Bessent, in an interview on Capital Allocators with Ted Seides, Nov 4, 2024.
President Trump announced that America was entering a golden age during his Inaugural Address as the 47th President of the USA. Indeed, he wants to lower interest rates, which is done by printing dollars. Printing money makes it worth less until it is worthless. Then, gold will replace the dollar as money.
Is Mayor Karen Bass a domestic enemy of the Constitution, helping foreign enemies of the Constitution invade the country? Arson is conventional warfare.
In Great Britain it has come to light that Pakistani immigrants have raped tens of thousands of children over the past 30 years. Revolution is in the air.
DOGE means the Department Of Government Efficiency. It is an advisory group to President Trump, promoted by Elon Musk and Vivek Ramaswamy to eliminate the parts of government that deport American jobs. However, both men came out in support of importing more immigrants to do the jobs that Americans can’t do. Why can’t Americans do these jobs?
“Right now, I don't know for sure exactly whether the Sunni terrorists that comprise HTS have changed their spots.”
-General Wesley Clark, Supreme Allied Commander of Europe for NATO (1997-2000), in an interview on December 10, 2024.
Today, November 5, 2024 is election day. This is the day that American citizens think that they vote for the President and Vice President. Legally speaking, that is not true. Today, the several state legislatures decide how to appoint Electors. Election day is actually 3 separate days: Once in November to appoint Electors, once in the middle December for the Electors to vote, and once in early January when the President of the Senate tallies the votes in front of Congress. A candidate needs 270/538 Electors to vote for them to be President or Vice President.
DEI means divide et impera, which is Latin for divide and rule. Historically, the Romans would support the weaker side in a country, with whom they would rule over the rest. We should replace divide et impera with e pluribus unum, unless we want the West to be divided up amongst invaders.
The Federal Funds Rate and the 2 year US government bond vs the 10 year US government bond are showing that a recession is imminent
“But we see that she herself once seemed to be the mistress of the world, such as Rome remained. Distressed in many ways by immense pains, the desolation of the citizens, the pressure of the beasts, the frequent collapses... Where is the Senate? Where are the people? All the pride of Secular dignities has been extinguished... For the Senate is wanting, the people have perished: yet in the few that are, the groans of pain are multiplied every day; Rome is already burning empty.” -Pope Gregory the Great, in a homily in 593 AD.
Diocletian (born 245 AD) was the Roman Emperor from 284-305 AD. His rule is considered the end of the Crisis of the Third Century. He brought stability to the Roman Empire, notably by splitting the Empire into East and West administratively. However, not all of his reforms would prove long lasting. Just as Kamala Harris is promising price controls to keep inflating prices low, Diocletian promised the same thing with his Edict on Maximum Prices.
Trump was nearly assassinated on Saturday, July 13, 2024. This would have thrown the Republican Party into disarray, because the the president has become like a Roman Emperor, progressively replacing the political power of the Senate. For long term success, Republicans need to dominate Congress so that it doesn’t matter if a Democrat is president, because the House and Senate can over ride a presidential veto and impeach the president if they don’t like him. In fact, we have precedent for Congress dominating the president. Following the Civil War, Radical Republicans took over the federal government while a Democrat was president.
Julian Assange is free, Ukraine bombed Russian families vacationing on the beach using American weapons, Norinchukin Bank is selling US government bonds, and Bolivia had a failed coup de etat.
"A city for sale and doomed to speedy destruction if it finds a purchaser!"
-King Jugurtha of Numidia
