Commentaire concernant le stockage offshore de lingots en or-argent | SWP Cayman

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Pour l'auteur suivant : Jeff Thomas

Oct 8, 2021

History repeats. (Or it rhymes, depending on your choice of words.) Throughout history, there has been an extraordinary tendency for governments (and cultures) to follow similar paths. Even regarding eras thousands of years apart, we see people behaving in much the same way, over and over. This is particularly true in the case of “wrong moves.” Over and over, people and their governments make the same mistakes, seemingly never learning from past errors. Why should this be? In fact, how is this even possible? Surely, if a government in the 21st century were to make egregiously bad decisions, they are unlikely to be the same bad decisions that were made in, say, Rome, in the 4th century. The reason, in two simple words, is “human nature.” Human nature remains the same throughout time. Two thousand years ago, governments were typically made up of egotistical, self-centred dictatorial-types, who were far more concerned with their own power than in the general welfare of their people. Today, politics remains a magnet for such people. They therefore will revert to type, when faced with the very same problems. Should we cut spending to give the taxpayers a break? No, we should increase taxation and give more to ourselves.

Sep 16, 2021

Over the decades that I’ve been an advisor to those who are hoping to diversify themselves internationally, I’ve met a large number of people who, either immediately or later, succeeded in creating a situation in which they were no longer “owned” by any one country. It's a simple concept, really. You might reside in one or more countries in the course of each year, although possibly none of them would be the country that’s named on your passport. You would store whatever wealth you had in one or more countries and, again, not necessarily in the country in which you were a citizen. You might also derive income from more than one country. And if you had really been thorough, you might have taken on additional passports – the one consideration that would allow you the greatest assurance of freedom.

Sep 14, 2021

In the 1930’s, the farm population in the US was nearly 25% of the total and it was quite common for farmers to borrow from the bank (using their farms as collateral) in the expectation that the proceeds from their annual crop would pay off the note each year. But, in 1929, there was a crash in the stock market, lowering the sales price of crops significantly. That, and coincidental droughts throughout the farm belt, resulted in a large percentage of the thirty million farmers failing to meet their payments. They lost their farms. Worse, they could not turn to another line of work, as layoffs were taking place in all industries, as a result of the Great Depression, which followed the crash. But it was said that, in California, there was year-round good weather and the orange groves were full of fruit needing to be picked. If only the Okies could get there, they’d be all right.

Sep 14, 2021

We’re all familiar with the term, “quantitative easing.” It’s described as meaning, “A monetary policy in which a central bank purchases government securities or other securities from the market in order to lower interest rates and increase the money supply. Well, that sounds reasonable… even beneficial. But, unfortunately, that’s not really the whole story.

Sep 13, 2021

Increasingly, both Europeans and North Americans whom I meet are expressing their concern that the social structure of their countries appears to be breaking down. Americans and Canadians speak of people of who, for making an off-handed comment that could possibly be interpreted as racist, can lose their livelihoods as a result. In the UK, it’s worse, with people being sentenced to prison for publicly denouncing rapes of children by Muslims in UK cities. In the US, some universities now have “non-white-only” days, when Caucasian students and faculty are banned from school grounds. (Those who do attend have at times been harassed, threatened and even physically attacked in the new racist anti-white trend.) The quest for illogical “diversity” is arising in a host of surprising contexts. For example, in applications for air traffic control positions, applicants are given five times more points for seemingly irrelevant “qualifications,” such as “having played team sports in high school” or for “having been unemployed for more than three years,” than for being pilots. This, in spite of the fact that air traffic control is not about diversity, it’s about knowing how to get planes full of people to land safely.

Jul 27, 2021

The above quote is from William Gouge, commenting on the Panic of 1819. The panic had been caused when the First Bank of the United States had first expanded the money supply dramatically by offering loans, then contracted the money supply by tightening its requirements for new loans, causing a crash. This is a useful quote, as, in its simplicity, it states the very nature of crashes brought on by irresponsible banking practices. In every case in which this occurs, it is possible through the complicity of the government of the day.

Jul 26, 2021

France, 1788. Russia, 1916. Germany, 1937. These dates have something in common. In France in 1788, political conditions had been getting questionable, but there was no apparent need to panic. That came the following year, with the sudden outbreak of the French Revolution. From that point on, it was dangerous even to go out in the streets of Paris. So many people had become enraged that, even if you were not a member of the aristocracy, you could easily become collateral damage. And so, it would have been wise if, in 1788, you had decided to pack your bags and remove yourself from the epicentre of what was developing.

Jul 15, 2021

Back in the ‘60’s, an interviewer asked the “King of Folk Music”, Bob Dylan what his goal in life was. Bob answered something to the effect of, “I want to make enough money to go to college, so one day I can be somebody.” Bob had a good sense of irony. And certainly, he was always more inclined to think outside the box than to follow the well-trodden path. That was part of what made him so interesting and part of what made him so successful. A similar sentiment was expressed in a song by his peer, Paul Simon: “When I think back on all the crap I learned in high school, it’s a wonder I can think at all.” In those days, just like today, the customary idea of success was that you attended university for a number of years, you received a degree, then you would be given a job where you could wear a necktie and receive a salary that had an extra zero behind it.

Jul 7, 2021

Most of us watch television. In part, we seek to be entertained, but, additionally, we often seek to be enlightened as to “what’s going on.” In a difficult era like the present one, in which some of the most prominent countries are experiencing the onset of an economic crisis, virtual cartoon characters are competing as choices in political contests, governments are becoming increasingly rapacious and a police state is developing rapidly, it’s not surprising if the average person questions, “What on earth are they thinking?”

Jun 29, 2021

Shortly after World War II in 1945, The USSR occupation began limiting the freedom of East Germans to travel into West Germany. At first, the restrictions were mild, much as we’re seeing in countries like the US today – more red tape, longer waits, etc. Not so much a ban on travel as a nuisance. Today, as in Germany in 1945, the would-be traveler is getting used to the idea of gaining approval to travel. Just a formality, folks, sorry for the inconvenience. But then, with little fanfare, East Germany was officially declared the German Democratic Republic. (GDR) and the prospect of international travel began to change. Emigration laws were tightened. A propaganda booklet published at that time read...

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