Sound Money Update: Gold, Silver, Bitcoin, Ethereum – 10.12.2017

PMCryptos

Approximate spot prices

Gold: $1,295 per paper ounce
Silver: $17.25 per paper ounce
Bitcoin: $5,500 per BTC
Ethereum: $300 per ETH

This past month has been nothing short of completely out of control. Hurricanes, earthquakes, rapture predictions, wildfires, the NFL, nuclear war threats, Hollywood sex scandals, Las Vegas, and other major narratives seemed to peel off one after the other. Yet it was an off hand remark from President Trump and a corresponding wink that have piqued the attention of some of the most astute observers of the current climate.

Is this really the calm before the storm? If so, what storm?

God willing it will be the storm that results from what we have long hoped and prayed for here at The Amateur Society: the truth bomb option. We believe that God is actively peeling back the curtain and breaking down the facade of deception that has spiritually covered and cloaked the corruption and abominable evil that has been closing its grip tighter and tighter on the free people of the world for decades and even centuries.

The truth bomb option carries with it the long awaited crisis of confidence in institutions that is necessary for the criminal systems that have embedded themselves in the halls of power to be brought down. Justice will be demanded. The people appear – finally – to be arousing from their quintessentially American anesthetics. If the NFL is vulnerable, then everything is in play.

But will the people actually mobilize into positive action in addition to taking steps away from their bread and circus stranglehold? God knows. We have a job to do. There should be escalation of exposure in the coming weeks. Many have made bold predictions about where we will be by the end of October. All I know is that we desperately need a spirit of repentance and a hunger for truth to sweep this nation.

So many are hurting. So many are lost. So many are deceived. Press in to God. If we don’t see a move of the Holy Spirit, then we are at significant risk. It’s time to pray!

Continue reading “Sound Money Update: Gold, Silver, Bitcoin, Ethereum – 10.12.2017”

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Sound Money Weekly Update: Gold, Silver, Bitcoin, Ethereum – 09.08.2017

PMCryptos

Approximate spot prices

Gold: $1,350 per paper ounce
Silver: $18.00 per paper ounce
Bitcoin: $4,200 per BTC
Ethereum: $300 per ETH

August has been a busy month of travel, celebration, and relaxation. Geopolitical and financial events have continued to swirl. The tempest continues to stir. I’ll be commenting more on these topics in upcoming episodes of The Amateur Society and On the Objective, so make sure to check in with the YouTube channel to stay up to date (https://www.youtube.com/channel/UCYWArNcoTCBRxeoTJWvcc9Q).

I was on The Hagmann Report last month and mentioned that the atmosphere following Charlottesville could have lead to a toxic situation where the debt ceiling and government funding discussions created serious financial friction coming into the fall. Needless to say, that didn’t turn out to be accurate. President Trump crossed the aisle, brought on some Democrats, and got a deal done. Whether you think Trump truly is the master of negotiation, the king of debt, or the head of a captured operation, this move caught many off guard. We’ll see more of its significance as events unfold, but there is certainly more pressure on Congressional Republicans than there has been before. 2018 midterms seem to be the target of this action and others.

Another major item that shouldn’t go unnoticed is the announced and now impending resignation of Stanley Fischer prior to the end of his term as Vice Chair of the Fed. The explanation was vague – “personal reasons” – and many see the timing as indicative since he was due to complete his tenure in that position next summer. This leaves a quadrillion dollar question: why now? Because many have identified Fischer as a crucial decision maker at the Fed, there is now intense speculation as to what his resignation portends. It is a significant event any way you slice it, but whether it implies an imminent shake up still remains to be seen.

There will be time for a more detailed breakdown of the latest outrages, hypocrisies, and blowups, but for now let’s try to avoid some of the distractions and check in with some of our preferred assets.

Continue reading “Sound Money Weekly Update: Gold, Silver, Bitcoin, Ethereum – 09.08.2017”

Sound Money Weekly Update: Gold, Silver, Bitcoin, Ethereum – 08.05.2017

PMCryptos

Approximate spot prices

Gold: $1,260 per paper ounce
Silver: $16.25 per paper ounce
Bitcoin: $3,200 per BTC
Ethereum: $240 per ETH

Bitcoin forks, Russia grand juries, North Korean missile launches, Deep State sabotage, technocracy rising, DNC investigations, sex trafficking arrests, new sanctions, and healthcare failures: if these are the dog days of summer then the fall could shape up to be a blockbuster. The best place to stay up to date with all of these events is On the Objective (https://ontheobjective.org/) as well as The Hagmann Report (https://www.hagmannreport.com/) where I am a contributor!

Continue reading “Sound Money Weekly Update: Gold, Silver, Bitcoin, Ethereum – 08.05.2017”

Sound Money Weekly Update: Gold, Silver, Bitcoin, Ethereum – 07.21.2017

PMCryptos

Approximate spot prices

Gold: $1,255 per paper ounce
Silver: $16.70 per paper ounce
Bitcoin: $2,600 per BTC
Ethereum: $210 per ETH

Due to an extensive travel schedule I’ve been unable to produce a sound money weekly update for almost a month. However, this week we’re back on track and adding Ethereum (ETH) to our coverage. My hope is that this report won’t become too cumbersome, so while I may be able to add coverage of Litecoin (LTC) and Veritaseum (VERI) in the near future – plenty of whispers about good news coming for both those names – I certainly won’t be able to generate updates that cover the entirety of the cryptocurrency space. But enough with the housekeeping…

We’re now living in a world where the US has stopped its not-so-covert program arming moderate Syrian rebels ISIS, CNN keeps serving up nothingburgers and losing meme wars, the Deep State Republicans are being exposed as thoroughly feckless, and identity politics continues to proliferate. All the while it seems that President Trump is only now – six months into his administration – beginning to gain a proper foothold. Breathless accusations aside, the prognosticators – of all stripes – continue to be woefully inaccurate about the pace and nature of developments.

No surprise there. And don’t look at me like I have all the answers. I have access to the same public information as anyone else. This is The Amateur Society after all. I don’t have any inside information or sources – anonymous or otherwise. The plan here is to continue updating everyone on the state of affairs as I see them. If you’re looking for more real-time information, I’ve been tweeting my cryptocurrency accumulation entry points (@ontheobjective) as well as other content from our On the Objective podcast network (https://ontheobjective.org/).

There will be more shakeups ahead, but it certainly doesn’t seem like the #Resist crowd has any real groundswell of mobilized action behind it. Another wave could of course be in the works. However, after many promised ‘days of rage’ and ‘summers of rage’ appear to have fallen short, it looks like the primary battlefield has shifted from the streets to the legal system.

Keep your eyes open. Watch carefully, but don’t be afraid to step back every now and again. Keep the faith and keep your strength. Continue to accumulate sound money.

Continue reading “Sound Money Weekly Update: Gold, Silver, Bitcoin, Ethereum – 07.21.2017”

Guest Post: Ross Powell – The Sound Money Schism – Cryptocurrencies vs. Precious Metals

SoundMoney.png

If you’re reading this then you are likely aware of the predatory nature of our global monetary system of central banks, fiat currencies, derivatives, and criminals. In case you haven’t been red-pilled on the absolute robbery that is our current governmental and financial architecture, then please take the time to educate yourself about these topics. Those looking for a place to start can read The Creature from Jekyll Island by G. Edward Griffin, watch Eric deCarbonnel’s video series on the Exchange Stabilization Fund, or simply try this elegant researching tool.

Now back to business. It’s time for sound money advocates to stop acting like children.

How many times have we seen the same old boring arguments played out in the same old infantile fashion? We get it. Some people view cryptocurrency as a bubble blowing mania doomed to fail. Others view precious metals as being archaic. But everyone generally agrees that the fiat ponzi scheme is a nightmare that seems bizarrely difficult to awaken from.

Continue reading “Guest Post: Ross Powell – The Sound Money Schism – Cryptocurrencies vs. Precious Metals”

Podcast: The Amateur Society – Blockchain Ecosystem – 07.17.2017

BlockchainEcosystem

Tonight we will be continuing our discussion of blockchain technology by expanding our focus on the industries that blockchain has the potential to impact and even to disrupt. This digital architecture is capable of opening up transformative possibilities, and efforts are underway by individual programmers, entrepreneurs, major corporations, and governments to explore and implement procedures that will leverage this new technology in their spheres of influence. Jargon and technical applications aside, powerful blockchain solutions are on their way. We have to make sure we are aware of the potential here so that we can stay up to date with the trajectories the technology is taking. This conversation will be generalized and delivered at the popular level as much as possible.

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The Amateur Society: Blockchain Ecosystem

BlockchainEcosystem

Amateurs,

Our regular open call will take place tonight, Monday 7/17, at 8:00pm eastern time via Skype. To join in please send us a contact request on Skype by searching for our account name amateursociety. If you have any questions or need clarification, please drop us a line on the contact page here or email us directly at amateursociety@gmail.com. These weekly meetings can be found on Spreaker, YouTube, and on iTunes via the Podcast app.

In the final session of our four week look into the blockchain and its applications, we turn to the ecosystem of the blockchain in its entirety. There are many ongoing debates about how to scale this powerful technology, and while many point to areas of disagreement as a reason to steer clear of blockchains, cryptocurrencies, and ICOs, there is another side to this dynamic that is worth considering. We are still in the wild west stage, and many won’t make it through, but there are immense resources being directed to this landscape. ICOs have provided more capital than venture capital thus far in 2017, and the momentum in the space is undeniable. Our final piece of coverage for now will also include highlights and suggestions for handling investments in the blockchain arena. Of course, none of that commentary should be construed as financial advice.

Join us for another engaging and informative conversation tonight at 8:00pm!

God bless,

Steven