NoGoolag
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Jim Rickards' $27,000 gold calculation is a model for a financial crisis: he takes the U.S. M1 money supply (~$18T), applies the old 40% gold backing ratio (requiring ~$7.2T in gold), divides that by the U.S. gold reserves (~261.5M oz), yielding roughly $27,500/oz, signaling a massive jump in gold's value if the dollar were backed by gold during a collapse.
The Calculation Steps
Start with U.S. Money Supply: He uses the current M1 money supply, around $17.9 trillion (as of recent reports).
Apply Gold Backing Ratio: He applies a hypothetical 40% gold backing ratio, similar to the U.S. system from 1913-1946, requiring $7.2 trillion in gold ($17.9T * 0.40).
Divide by U.S. Gold Holdings: He divides that required gold value by the U.S. gold reserves of approximately 261.5 million troy ounces.
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Journalist Confronts Minnesota Daycare Workers in Billion-Dollar Fraud Scandal | 42-Minute Full Report by Nick Shirley
#Somalia
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The U.S. government is nearly $40 trillion in debt, a fact that pretty much guarantees exciting times ahead. Coleman Church on what comes next.
NoGoolag
The U.S. government is nearly $40 trillion in debt, a fact that pretty much guarantees exciting times ahead. Coleman Church on what comes next.
(0:00) Debt Trading and Emerging Markets Debt
(8:58) The IMF's Role in American Foreign Policy
(16:08) What Will the Banks Do With Ukraine?
(17:17) What Is a Debt Crisis?
(23:06) Will America's Financial Dominance End?
(25:27) The Seizing of the Russian Reserves
(26:19) Why Gold Is a Better Investment Than the Stock Market
(28:57) How the Fed Is Secretly Destroying Free Market Capitalism
(31:23) What Is Deflation?
(34:37) How Do We Fix the Deficit Problem?
(45:45) How Safe Is the Stock Market?
(53:32) How Is AI Impacting the Market?
(1:00:00) What Happened to All the Concern About Climate Change?
(1:01:45) What Is ESG?
(1:07:59) What Is the Alternative to Investing in the Stock Market?
(1:12:07) Is Crypto the Next Global Reserve Currency?
(1:23:38) Could Crypto Be Weaponized by the Government?
(1:24:23) What Do We Know About Global Gold Reserves?
(1:31:51) The Unintended Consequences of the 2008 Financial Crisis Bailouts
(1:43:19) What Would Happen if the United States Needed a Bailout?

https://x.com/TuckerCarlson/status/2004613184741839078
Forwarded from Mitchieville
These are actually legitimate questions
Forwarded from /g/β€˜s Tech Memes
They’re gonna rewrite the entire windows kernel to Rust using AI.

The levels of slop are gonna be out of this world.
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β€œOne of the founding investors in my company [Roivant] was actually an israeli firm. I’ve been to israel many times. I have deep respect for israel.”

#vivek ramazionist
πŸ‡ΈπŸ‡ͺπŸ‡ΈπŸ‡΄ Sweden has found out that $100M+ dissapeared from fake schools run by imams β€” money were transfered to sex clubs in Thailand & Islamic parties in Somalia β€” Expressen (Sweden's largest newspaper)

Imam network: Abo Raad, Abdel Nasser El Nadi, Hussein al-Jibury - all classified by Swedish Security Service (SΓ€po) in 2019 as threats to national security

"It's a double loss for society. Swedish children didn't get education. Swedish taxpayers funded Islamic extremism instead" β€” Prosecutor, Henric Fagher

πŸ”—

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