Is a Central Bank Digital Currency (CBDC) a good idea for the USA?
Total Voters: 34
Loading ...We saw that movie, and really liked it. We thought it was an excellent portrait of Mau Piailug. We also met his son, at least we think it was his son (aging memories, you know the problem), in Palau. He had sailed from Hawaii and was training people to build and navigate the Micronesian catamaran canoes. He made an excellent public presentation while he was there.
Thanks for your comments – Lifeboat
http://thedailycoin.org/?p=12744#sthash.6fpCrT2b.dpbs
The money masters are just too powerful.
Ever since I read Orlov’s 2013 publication, ” The five stages of collapse – Survivors Toolkit”, I have had immense respect for his thoughts and analytical skills. His insights about western leaders and about Putin are difficult for western leaders to understand or accept, but I think such leaders might do themselves a favor by noting what Orlov is talking about. You have good reading habits if Orlov is on your watch list or reading list. Best wishes. Equiz.
I’m surprised she didn’t get charged for that. She endangered his family. Despite what she feels about him it was underhanded.
Julie Bosman, who published Officer Darren Wilson’s address in the NYT begging for police protection.
http://www.fireandreamitchell.com
Si Capiche,
I’m with you. When you listen to Willie you can’t hold your breath. He’s entertaining and claims to have been right for years but the truth is he’s been really wrong for a really long time. Fun to listen and fun to dream but so far that’s about all.
I was just about to post the willie interview- Interestingly he claims any large purchases of gold bullion is going at least $400 over spot and they are running out of vaults to steal. Good interview, but I’m not going to hold my breath!
he WAS talking about gold forward rates rates, there is no symbol, GOFO is an abbreviation. I agree with him, reporting on GOFO is a big LOL and meaningless to the upside price of gold as most gold guru’s would suggest. It’s total B.S. GOFO could go out to ten years and it still wouldn’t matter as long as the paper kings owned the price. They do now and always will unless the BRICS back their currency. WW3 comes first IMHO. Then all these LOL guys may not be LOL’ing so much. Capiche?
I though R640 was talking about negative gold forward. Didn’t know their was a symbol GOFO.
goldcountry, – yeah no surprise Simmons hasn’t been heard from for some years. As I said earlier, the internet has been the greatest invention the banksters have ever made. Perfect network for disinformation, spew a bunch of shit that totally makes sense, suck in the logical thinkers and take the opposite side of every logical bet. These guys are waay smarter, devious and dishonest than I am, without question.
Lindsay Williams OTOH called bullshit on Simmons. He’ll be dead soon.
R640 – yeah, LOL, LOL, LOL, – JNUG, GOFO. I haven’t figured out your game. You don’t actually own any gold right? Don’t really care what gold does or maybe just hope it craters? LOL.
I don’t buy the big long story. I see things going into reverse. A positive trend, away from the 100 year past. Sure some disruptive things can happen, during a long slow transition, back to normal from abnormal.
It was NORMAL over one hundred years ago to have real money, gold and silver. With REAL money, the NORMAL thing was, a little bit went a LONG way. All you needed was to earn or profit a little bit and everything was fine.
The a’hole bankers (well educated Bernie Madoff Types) from the late 1800s to early 1900s started an experiment called The Federal reserve Act of 1913, that lasted until the summer ’08 meltdown.
Gradually that experiment has created and ABNORMAL situation these days where a LOT of money goes a SHORT way. And that’s the main problem. It causes less confidence, greed, unstable pricing and an attitude that you constantly need more and more money every year, and the excess has to be invested for growth.
Gold and Silver has to come back gradually as money. There will never be any global world wars anymore, so needing the ability to finance big wars and create loaned out money out of thin air won’t be an objective. The world has had enough of that nonsense.
Big militaries with Aircraft carriers, sub marines, bombers etc will be redundant like a horse and buggy whip. Imo keeping gold and silver prices down all these decades was only intended to help keep all other metals prices down for the constant “war effort”.
There is a pricing pecking order in metals. If they keep AU and AG down, it helps for example to keep steel prices for ships down, and aluminum lower for aircraft fabrication etc, creating an abnormal price situation.
The futures abnormal pricing situation is why the gov’t is obligated to help some businesses that have cash flow problems.
Very interesting story about the Yap stone money. Long before the Europeans sailed around the world, the Polynesians populated the islands of the pacific. Other than oral stories, it was thought that the fine art of navigation had been lost in time. The micronesian navigators are the ones that preserved ancient star navigation for the world, via the Hawaii connection. I spent many years in Hawaii when the native hawaiians went in search of their roots and oral traditions of long-distance ocean navigation across the pacific. They found the ancient navigation skills on the micronesian island of Satawal, far to the east of Yap, and one of the most isolated atolls of the south pacific, in the person of Pius “Mau” Piailug.
The late “Papa Mau” as he is known now, was brought to Hawaii to teach the Hawaiian navigators of the Polynesian Voyaging Society the ancient art, which the Hawaiians adopted to their own oral traditions and star names, and found them nearly identical. The Hawaiians built a traditional double-hull canoe (catamaran style) with ancient crab-claw sails and natural materials, and in 1976 Mau navigated the canoe from Hawaii to Tahiti while training the new Hawaiian navigators. To this day the Polynesian Voyaging Society of Hawaii maintains the ‘Hokulea’ canoe, and it is presently embarked on a round-the-world voyage, having navigated the major polynesian islands of Tahiti and Samoa, it was last visiting New Zealand a few weeks ago.
Papa Mau didn’t particularly like the big-city civilization of Honolulu, and returned to Satawal to live out his life, where he died in 2010, but not before training another generation of Satawal navigators and holding a master navigator’s ceremony of ‘graduation’ that had not been seen on Satawal in over 50 years. So the traditions are preserved in Micronesia and Hawaii, and the Hawaiians demonstrate their world-class skills regularly… navigating by the stars with no compass, finding tiny specks of islands in the largest empty ocean on the planet.
I worked with a television producer who travelled to Satawal to do a TV special about Mau Piailug and his home island. They flew to Hong Kong, then a smaller plane to Yap island, the capital of the Federated States of Micronesia. The Yap government runs a ‘government boat’ on a monthly tour of the islands, bringing supplies. This is the only contact with the outside world that many of the islands have. My producer friend says they spent two weeks at sea on this tramp freighter before disembarking on Satawal with all their equipment and food for a month’s stay. The government boat brings mail, and cases of ramen noodles for food support. Other than that, the islanders grow some vegetables and do a lot of fishing for food.
My friend had many stories to tell of his month on Satawal, including going out fishing in a small canoe with Mau and the local island boys. He brought some modern ocean fishing poles and lures from hawaii which the local tuna fish attacked. The locals were overjoyed and impressed with the catch, and they ate well. Most of the gear was left behind as gifts for the islanders to use. My friend described being freaked out in a small canoe so far out they could not see the island and did not know their directions any more. Papa Mau simply told him “Do not worry. I will get you back.” His navigation senses were finely tuned by a lifetime of doing this.
https://en.wikipedia.org/wiki/Mau_Piailug
http://www.washingtonpost.com/wp-dyn/content/article/2010/07/20/AR2010072002941.html
http://pvs.kcc.hawaii.edu/index/founder_and_teachers/mau.html
That’s about the size of it.
GOFO–!!!
Thanks for pulling up anchor for a minute and the story. It’s unlikely these politicians would ever embark on a journey like that or anything requiring danger to themselves or labor to aquire anything of value. Their inventing greenback was away of confiscating it from those who did.
You might have a different inverse cycle. The inverse cycle was a high in 2015 that inversed to a low.
Yes, no doubt Larry is riding on Armstrongs coattails. I’m not from Missouri but still a “show me” kinda guy. I’ll have to see it to believe we go lower, especially to the lows they predict. We are definitely in an inverse cycle and IMO in an inverse cycle anything is possible, including not going lower than we’ve already gone. All The Best…….Silverngold
Larry is close to Armstrong follows his forecasts and believe has for a long time since 1987 I bet since these were all Armstrong’s forecasts he mentioned. I saw a Armstrong trailer for his new movie a few years ago where Larry was in it mentioning past events forecasted by him as well as another I don’t know who he was. I was able to recognize his mom because of it who is a very nice lady I grabbed a pic of at the seminar with her permission last year on the debt crisis.
Gold under $1000 and protect yourself with inverse ETF’s. LOL!!! I still can’t see that happening, and I also can’t see using ANY ETF’s for any reason. My charts all say the bottom is in, was put in last month, that we may retest that bottom but not under about $1135-45, and then away we go.
Have I ever been wrong?? Okay, yes, many times and I may be wrong again, but I’m in, I’m holding, and I still see $2300 within a year and $4600 before any significant pullbacks. If you want to help, buy the real thing or buy the actual shares, but DON’T buy the ETF’s. That’s like hiring the local pedophile to babysit your kids. Using the ETF’s or the local pedophile will only end in disaster.
All The Best………Silverngold