Putin’s speech

Let’s summarize Putin’s speech of today:

  • The West deceived and betrayed the Russians and they now see them for what they are: an implacable foe. (translation: we are in a new cold war)
  • The Russians are not at war with the Ukrainian people, who are victims and hostages of the West-sponsored evil Nazi horde. (translation: Ukraine will be liberated and given the option of joining the Russian Federation)
  • There is an information war against Russia, and all kinds of subversion and foreign agents will be dealt with. (translation: If you want to be pro-Western, Russia is not the place where this is an option. This is a war and siding with the enemy will not be tolerated.)
  • “The goal of the West is to inflict a strategic defeat on Russia, to end us once and for all. We will respond accordingly, because we are talking about the existence of our country.” (translation: this is the key wording that authorises use of nuclear weapons according to the Russian nuclear doctrine)
  • Military will become more meritocratic; the successful soldiers and officers will be promoted.
  • Those who proved their patriotism in war will be elevated to higher functions in Russia.
  • There will be a significant allocation of funds towards the social programmes directed at the families of military casualties.
  • The Russians who escaped to the West with their money, thinking the West is a “safe haven”, made their choice, and nobody in Russia cares about them now that the West betrayed and robbed them. Serve them right. (translation: “Whoever is not with me is against me, and whoever does not gather with me scatters.” Mt 12:30)
  • The latest ground-based missile systems have been put on combat duty a week ago.
  • Russia suspends its participation in START. (translation: Sarmat is online and contains more hypersonic MIRV units than START would allow)
  • Russia is ready to suspend its participation in the Comprehensive Nuclear-Test-Ban Treaty. (translation: the Americans are preparing low-yield nuke tests and this is the response)
  • Defence ministry and Rosatom must ensure readiness for nuclear weapons testing. (translation: you obviously need to learn that our nukes still work and that they are a thing that exists in order to be used)

This stops somewhat short of a declaration of war to the West, but we are now officially back in the cold war, and I don’t mean the détente, I mean the 1950s. No more “our Western partners”, no more trust. The key formulation that puts nukes on the table was used. All nuclear treaties are defunct.

Just a reminder

Andrew Tate and his brother are still in prison. The allegations against them are obviously false and their only purpose is to destroy their reputation. How do I know? I’ve seen videos by several women who are supposed to be the “victims”, who are trying to submit statements that they are not victims and there in fact was no crime committed whatsoever. The legal system simply refused to accept their statements, and I think even their videos where they are trying to be heard and defend their friends are being suppressed by the American-controlled censorship machine. This makes it obvious that there’s nothing to the allegations, it’s all falsehood.

Still, those men are still in prison, like Julian Assange.

Their imprisonment, however, is only a degree worse than ours. We are all on enemy-controlled territory. The “laws” are just a fig leaf over the truth of brute force and evil. Only God can save us.

Mining stock and why I don’t own any

There’s a constant theme in the gold/silver investment circles – gold is good, silver is better, and mining companies are the best, if you want to multiply your investment. Here’s why I disagree, and why I think it might actually be the opposite.

First of all, if shit really hits the fan, you want tangible assets. Shares of any kind, mining or otherwise, are not tangibles. They are a complicated contract which depends on many things that might prove to be unreliable; for instance, the existence of stock markets of any kind. If anything is nuked, you can kiss your shares goodbye.

Second, let’s assume nothing is nuked, but the economy collapses, and the fiat money system with it. Let’s assume those central banks buying all the gold last year knew what they were doing and they switch to gold-based currency. If you think every country won’t immediately nationalise gold mines, you’re incredibly naive. Shareholders won’t be compensated and will lose their investment. It’s unlikely that the countries will try to confiscate their citizens’ gold, because that would be unpopular in times when their popularity will be at all times low. Rather, people will rush to exchange gold for the gold-backed currency at those bitcoin-like rates. It’s a different matter with the mines, as the source of gold, and all the countries will do the best they can to establish control over those immediately.

As for silver, unlike gold it’s about 50% industrial metal, which is usually seen as a plus, until you realise that global industry is on a downward trajectory and the industrial use of silver might diminish. Also, the currency backing is very unlikely to be bimetal; it will be gold only. What will happen to the price of silver, I don’t know, but I’m betting primarily on gold. I’m uncertain enough about the outcome to have a decent amount of silver as well, but this is mostly insurance in case I’m wrong.

This line of thinking is full of variables, so take it for what it is – a personal estimate of probabilities.

ps. This is not my main reason, but if we assume that the spot price of the precious metals is controlled by the paper market and pressured downwards, the lower limit of the price will be the cost of extraction from the ground, and the upper limit won’t be much higher than that, which means that the miners will always be unprofitable, since they can’t do what everybody else does: calculate your cost, add a reasonable profit margin and then offer your stuff on the market. Since they don’t control the price, they are always kept on the bleeding edge of bankruptcy, with the goal of creating the impression that the precious metals aren’t all that precious if there’s no money there. If what they are mining ever becomes profitable, it will happen because the controllers lost control, and they will then likely try to regain it by outright nationalizing the mines.

Banks

I’ve been hearing bad news from the banking sector with increasing frequency and urgency, and basically, it goes like this:

  • an increasing number of banks in America have been delaying payments and showing symptoms of having insufficient funds available

  • there’s been increasing talk about bankruptcies and bail-ins

A bail-in is, essentially, when a bank says “sorry, but we either go bust and nobody gets anything because we have nowhere near the money required to cover the customer funds, or we take a big chunk of customer funds, restructure our finances with it, and continue doing business, pay our management bonuses for doing a good job, and the customers get a “haircut”.

I was talking to Božo about this just yesterday and told him that my guess is that they will just close the doors one day and say they are “investigating potentially illegal activities”, which means all funds frozen, and within a week they’ll give everybody an “allowance”, permitting $500 of pocket money per month per customer so that people can buy food, and then negotiate the terms of a bail-in with the state and the state will tell them to just disproportionally target the big accounts, and leave the small ones alone, because this will avoid voters to get angry and do something about it, and everybody will be glad because they fucked the rich people. Božo replied that the legal framework for this is already in place, they planned this years in advance. This will have dual function – the people will be so pissed at the banks they will be ready to accept the state-controlled CBDC without much opposition, and they will also be much poorer, and poor people don’t have choices so they are easy to control.

My recommendations are known for years already so there’s not much use in repeating them, but basically separate your funds in 3 basic categories:

  • cash, in amounts necessary to buy basic stuff in case of a banking system event; doesn’t have to be much, but don’t go below $200 per person; also, value of one ounce of gold in cash per person would be the upper limit I would not exceed;

  • bank account, in amounts necessary for monthly costs and immediate liquidity; see how much you spend per month on food and bills, and keep that much in the bank at the beginning of the monthly cycle;

  • put everything over this amount in physical gold (and some silver); this means all your savings and emergency response money.

Basically, you need liquidity, so drying up your bank account would be impractical and inefficient, but keep it at the necessary minimum. Cash reserves are also essential, for when the banks don’t work, but you don’t yet have the opportunity or desire to convert precious metals into operational cash. As for buying the precious metals, stick to physical only, because everything else will be too tempting for governments and banks to steal. What kind of physical? Stick to the stuff that’s of the most popular, recognizable and practical kind where you live. Don’t buy exotic, overpriced bullshit just to make it interesting. It’s money, it’s not supposed to be interesting. See what has the least amount of premium over spot, and what is the most popular kind where you live. Intersection of those two sets is what you want. I mentally divide bullion into stuff that’s for buying real estate, which means big bars with the least amount of premium and/or 1oz gold coins, and the stuff for possibly trading small amounts for survival; for this I have the 1oz silver coins. Also, I don’t buy questionable shit from questionable sources; I have a good relationship with a local bullion dealer and this reduces all kinds of unnecessary trouble to a minimum. Always try to connect with the actual physical person who is doing the trading because that’s something you might depend upon if there’s no Internet or telecommunications.

In case of a big economic event, you’ll have to prioritise spending, which means you won’t be able to pay rent in time, which means you’ll have to negotiate something with the landlord in order not to get evicted in the worst possible time. Also, you won’t be able to pay the bills in time, but since nobody will be paying the bills, the government will have to do something so that the utilities keep working. If you have loans or leases, you’ll have to suspend payment of those, too. You need to develop some kind of a plan so that you don’t find yourself in a situation where you don’t have food, heat, electricity and similar essentials, because you continued paying all the bills as if it were business as usual, and you ran out of liquid funds. Have in mind that everybody will have the same problem and short-term non-payment will have to be tolerated. Be very careful if you own real estate, because in that case it would be very dangerous to have any kind of unserviced debt, because the banks will jump on the opportunity to seize your real estate as compensation, and I’m sure the legal framework for this will be quite accommodating.

As you can see, I’m a ray of sunshine again, just bursting with optimism. 🙂 It’s not only the looming economic collapse, but also the looming nuclear war, combined with an already present totalitarian democratorship.

Coverups

I’ve been thinking; there are lots of supposedly weird mysteries regarding aliens, secret technologies and other hush-hush shit that’s been covered up in America over the decades, and it created the impression that the Americans have who-knows-what secret shit they’re not telling anyone about, stuff developed in cooperation with aliens, or remote viewing capabilities using psychics and so on.

Let’s see, the Philadelphia experiment – they supposedly had a ship equipped with some kind of a magnetic device that caused weird phenomena and reportedly teleported from one place to another and so on. It was in 1943. The most likely explanation I found is that there was a shipment of uranium for the Manhattan project and they had to make up a story explaining enhanced security when they were unloading and storing it. By apparently confirming that there was some secret military experiment going on, they explained away everything they wanted to hide, provided an explanation that sounded completely unrealistic and bound to waste a potential adversary’s time, and it also creates a veil of mystery around American scientific and technological capabilities. It’s a triple-win.

The Roswell UFO incident. Supposedly a hush-hush military operation of recovering the fragments of an alien spacecraft, including the actual aliens. Cover story is that it was a meteorological balloon. A more likely explanation is that Roswell is very close to the White Sands missile base and all sorts of nuclear installations, and who knows what kind of an accident they had with nuclear or other secret military hardware that they didn’t want anyone to know about, since it was 1947, at the height of the cold war paranoia when all sorts of weapons were being developed and tested. When journalists started talking about the aliens and a cover-up, this must have been perceived as an excellent thing by the military – any possible inquiry will be redirected into total nonsense, and they can even invent some of it to keep the story going, and, if anything, it will scare the Russians and make them think we’re stronger than we are.

Area 51 in Nevada. Supposedly a place where the military keeps the UFOs and aliens and stuff. Later revealed that it was probably used for testing the U-2 spy plane. Let’s assume it was also used for testing stealth aeroplanes and similar equipment. Let’s make a further jump and assume it was used to test stealth nuclear-tipped cruise missiles and similar stuff that was prohibited by the START treaty and the Russians couldn’t know about it. You first let out rumours that you’re keeping the aliens there. When the Russians ask to inspect it, you tell them that you have stealth aeroplanes and all sorts of spy shit there that you can’t let them inspect, but none of it’s START-related, scout’s honour. If you let the information leak through a double agent or some other source the Russians trust, they will believe it.

Remote viewing. You let everybody know that the CIA is experimenting with remote viewing and parapsychology in order to peek into Soviet secret facilities. You actually do keep a team working on it, in order to make it plausible. In reality, it serves the purpose of protecting a spy you have in the Soviet facility, whose identity would have been compromised if something became public that nobody could possibly know about unless he’s on the inside.

Basically, it’s a double-whammy: you hide what you want to hide by pretending to hide something extraordinarily weird and advanced, and you also create the impression that you have stuff that’s completely “out there”, while your adversaries are “mere humans” with ordinary human technology; and if the entire story is debunked, the real secret is still safe. It’s all guesswork on my part, but it provides a very simple and straightforward explanation for lots of very weird stuff that’s been “leaked” over the decades, but eventually nothing ever came of it. It’s also very much in line with the Americans always creating an impression that there’s more to their technology than there actually is, and there’s much more going on than anyone is allowed to know.