Any day now elon musk will take us to mars too…… any day now….

At the point where gold becomes an infinitely abundant resource is the point where money will loose its value and those in power will be forced to restructure society so that poverty is impossible and class does not exist. Or they will undertake this monumental effort in complete secrecy to hide the fact. This will not happen in our lifetime. Unless et/ed contact and advanced hidden tech is disclosed that is.

If you think printing money out of thin air with nothing to back its value besides petro chemicals is a good economic model you’ve been sleeping for the last 3+ decades.

You can only mine so much gold, money can be printed infinitely. And there will be a point, albiet far in the future, where we will have depleted natural gold reserves to the point where mining costs will far exceed the profitability. Even right now to start an industrialized gold extraction project costs over a million dollar once you figure in equipment costs and claim agreements (usually anywhere from 10-20% of total gold mined is the price to mine a claim) The fluctuation of gold price in the 1800’s was nowhere near the 8000% fluctuation we have seen in the last 54 years, from 1799 till 1971 gold price only fluctuated from $18/19 to $35 when in the 19th century did the price of gold ever increase beyond $20-22? And this was enough to cause panic back then but the ignorant masses today just keep working while rent prices mirroring the price of gold hit all time highs every subsequent month.

And treasury bonds are merely Fiat currency on steroids. Just more printed rubber money.

I think thats also a result of nixon shock policies. Namely the cutting of education funding and standards that was doubled down by Reagan under the influence of advisor Roger A Freeman who is quoted as saying that an educated proletariat was a real threat to the society they were working to create. Leftism was far more popular in the 60’s and 70’s as a result of the higher education standards we had after the end of the second world war. Then leftism was smothered in the 80’s and 90’s and now what many people consider “left” is just right leaning centrist neo liberalism. True leftism has pretty much been wiped from the chat since then.

Today education centers are just there to condition workers to be smart enough to run the machines that generate profit for those with capital but not smart enough to understand how ruthlessly exploited they are. After Reagan the working class in the US were turned into low paid service industry wage slaves almost overnight after Reagan’s cafta turned to nafta under clinton and all the high paying manufacturing jobs that gave many Americans an unprecedented amount of prosperity/ quality of life were sent to the third world so corporations could reduce labor costs by 90-95%+ all while our currency was being intentionally devalued to reduce labor costs to all the jobs that couldn’t be outsourced to the third world

Gold is considered “inflation proof” because its limited supply, unlike paper currency, tends to maintain its value even when the value of a currency decreases due to inflation, making it a popular hedge against economic instability and a declining currency; when the purchasing power of a currency drops, the price of gold rises in response to increased demand from investors seeking a stable store of value.

Key points about gold as an inflation hedge:

Scarcity Gold is a finite resource, meaning its supply cannot be easily increased, which helps maintain its value during inflationary periods when the money supply expands.

Safe Haven Asset Investors often turn to gold during times of economic uncertainty, driving up its price when other assets are losing value.

Negative Correlation with Currency Historically, gold prices tend to move inversely to the value of a currency, meaning when the dollar weakens due to inflation, gold prices typically rise.

generally, the price of gold tends to increase when the circulating currency supply increases, as a larger money supply can lead to inflation, making gold, with its limited supply, a more attractive store of value and thus driving its price higher; essentially acting as a hedge against inflation.

Key points about this relationship

Inflationary pressure When more money is circulating, it can devalue the existing currency, causing prices of goods and services to rise (inflation), which incentivizes investors to seek assets like gold that can maintain value during such periods.  Fixed supply of gold

Unlike fiat currencies which can be printed by central banks, the supply of gold is limited, making it a valuable asset in times of economic uncertainty.

Market psychology Investor perception plays a role, as many view gold as a safe haven asset, leading to increased demand when the broader market experiences instability.

Here are some more tidbits that paint a more full picture

https://www.forbes.com/sites/realspin/2013/10/09/measured-in-gold-the-story-of-american-wages-is-an-ugly-one/

https://www.reuters.com/plus/beyond-cpi-gold-as-a-strategic-inflation-hedge

https://wtfhappenedin1971.com/

Bitcoin definitely was the better buy. Gold really is not a good investment. Its value doesn’t exponentially increase. Its not a speculative asset. Gold only maintains its value. So you ensured you didnt loose value, you just protected your wealth. But if you bought bitcoin you would have multiplied your wealth by 3500% i told my family to buy bitcoin at the outset of the pandemic when it was around $3000 or so. I told my mother to empty her 401k/IRA take the tax hit and buy bitcoin. i was pretty much laughed at. But now i bring it up all the time and I laugh about it. I didn’t have the money to do it myself since i live in abject poverty but i still saw what was coming a mile away. Bitcoin is ultimately the future of money. Banks already digitized currency decades ago and the numbers on the screen that represent your bank account have no concrete backing. It’s just as funny as funny money can get. Whereas bitcoin and legitimate cryptocurrencies have blackchain/ distributed ledger technology(it was designed to be a peer to peer distributed decentralized currency/ banking system. And people like Jamie Dimon (one of the biggest fraudsters in modern times and someone who’s hands were covered in some of the most blood after the 08 collapse of MBS bonds/ the housing market) tell us that bitcoin is a ponzi scheme and is valueless meanwhile behind the scenes all these big banks are investing billions in developing their own blockchain technology which shows they are full of shit and just saying whatever they can in order to perpetuate ideas that serve to protect the financial interests of western capitalist hegemony.

I do not believe it is true that once the gold standard ended that severed the relationship between the value of gold and the value of currency. Printed paper money is valueless. The only thing that gives it value is our faith in markets and those who control them. It is merely fiat currency and its value only exists because of fiat or by decree of those in power. Since we live in a class dictatorship it is difficult for many to see this because so many are blind and continue to trust the social institutions that are actively defrauding and undermining them.

As i said above Gold was the first currency ever used. At any time in history an ounce of gold can purchase the buyer a fine set of garments (a 3 piece suit with undergarments, a button down shirt and leather shoes or a nice evening dress suitable to wear at a fancy restaurant or an upper scale wedding) one months rent for a 2 bedroom apartment in a decent area. And those who have examined the value of money back in biblical times specifically by examining the Sumerian cuneiform tablets in ancient Babylon have seem that although the weights used back then, ie; shekels and talents were widely varying that one could buy between 300-400 loaves of bread for what would be an ounce of good in today’s weights, and today if you are buying bread from a bakery it is going to be around $8 for a one pound loaf. So that means an ounce purchases 350 quality loaves of bread. But if youre ok with super low quality preservative laden dish sponge bread then you can buy over a thousand loaves but they didnt have access to industrial machinery and all the chemical additives we have today so bread made in small bakeries is the best comparison since the labor and resources required to produce are still similar some 5000+ years later bread making and the oven havent changed all that much in this time.

But ultimately gold’s value doesnt change. The value of money used to replace/ represent gold is what changes. We are currently experiencing unprecedented hyperinflation and subsequent austerity caused by 5+ decades of right wing economic policy the intentions of which are to turn the American working class into new age slaves or get conditions of the labor market as close to chattel slavery ad possible which would be the most beneficial outcome for those with capital.

Not true. It is a metal with extremely specific properties. It is resistant to tarnishing and oxidation and it is incredibly malleable. Gold can be rolled and thinned out to a layer that is translucent which is what they do to cover the glass on astronauts helmets and provide more protection to UV radiation. Gold has now and for the last 70 years had numerous applications within technology. There is a reason gold is expensive and it isn’t just because its shiny and yellow and a status symbol. It is because it is a very unique and useful element.

It was late and i was pretty much passing out when I wrapped this up. Thanks for the proof reading comrade.

Also this is relevant. Knowing how severely our currency has been intentionally devalued is an important thing to understand. If people knew that minimum wage has decreased in value from 84-94% i have a hunch that more people would be far less willing to participate in wage slavery than the current number of those who continue to participate despite the decreasing returns.

Because it’s price increases in tandem with the increase in circulating currency. The rich look at us like we are disposable and not intelligent enough to understand things like this. But the rich all consider gold to be a safe haven investment that is virtually inflation proof. It retains its value. Gold is the one commodity who’s price increases in direct relation to the amount of currency printed into circulation

Many people beed tk realize the reality that a lot of the interactions we are seeing on mainstream social media platforms especially x/ twitter whatever the fuck its called now, is heavily manipulated by imperial actors such as the company team Jorge which is a mossad run bot farm out of israel that for a price (or even for free depending on the cause, floods platforms with fake engagement meant to make conservatism Look more popular than it truly is to manufacture consent and confuse/ wear down people attempting to dialogue and potentially even convince uninformed people consuming this state propaganda to support fascism/ conservatism.

Its an uncomfortable analogy but its 100% accurate. Maga sycophants would sit by while elon and don consensually defile or rape their wives and believe whatever excuse / rationalization they provide. And then call anyone who is there saying “yo dude they are literally gang banging your wife” or offering to help stop them, as an “unhinged woke far left marxist”

The media is inherently fascist. Wall street military and prison industry profiteers control the narrative of the legacy media outlets they all own and they own our politicians and political process as well. They just keep lying to all of us and since all the maga morons are dumb enough to believe whatever they are told they just hope the rest of us will bend over and accept they are right. they’ve waged aggressive psychological warfare against the us population for decades. Its created a subsection of the population dumb enough to unquestioningly believe whatever musk and trump say so much so that it if they came home to find both musk and trump raw dog tag teaming their wives they would without question accept it as 100% truth when they are told the cum dripping from their wive’s oral vaginal and anal openings is just a little rain from the open window. While pointing to a closed window nowhere near the marital bed they just defiled in the middle of a sunny day during a July drought and heat wave

Democrats arent leftists. They are right leaning centrist neo liberals. Marx said it best; any attempt to disarm the workforce should be frustrated by anymeans including force if necessary.

Amber whataboutism bump bump

They manufacture consent, couple that with the extreme oppression and destruction of the middle class since the nixon administration and neo liberal right wing policies that doubled down on these awful ideas while actively working to subvert and undermine any movement left on meaningful social issues. We didn’t let this happen so much as we were conditioned to allow it and be too exhausted just barely surviving that we would not have any energy to actively fight and thwart a blatant class war waged against the working class and poor right in front of our eyes,

If anyone can please help with any amount. Its been dropping to negative temps with the windchill out here and our last propane tank is about to run out tomorrow morning. We are experiencing a polar vortex currently and need help to keep our and ourselves pets warm 🥺 If you would rather help through PayPal or venmo then feel free to pm me.

Thanks, they’ve been snuggling with us under the blankets to keep cozy. The only downside is occasionally rolling over a fresh coca puff and crushing it into bunny dood dust

K

O

Updoot if you actually counted the stars to make sure this post was accurate.