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”

Weekly Update: Gold, Silver, Bitcoin – 06.24.2017

Approximate spot prices

Gold: $1,255 per paper ounce
Silver: $16.70 per paper ounce
Bitcoin: $2,500 per coin

The rumor mills are flying in every direction right now as a counterpunch against the deep state appears to be lining up while war tensions rise in Syria. We have whispers that Justice Kennedy will retire from the Supreme Court, a profound development considering the age of the remaining leftist black robes and the potential for the Trump administration to redefine the shape of the Supreme Court for several decades.

Meanwhile, Bernie Sanders appears to be under more FBI investigations than President Trump, Loretta Lynch and Jon Podesta are under scrutiny again, and the light is being shone on various records making their way under executive privilege to the as of yet unbuilt Presidential Library of our former fearless leader from Chicago. Trump supporters don’t yet seem to be tired of winning as more inflammatory rhetoric from mindless elites in Hollywood, establishment politics, and the media lead to further cancellations and dismissals of the psychotic fringe leftists who have taken over the mainline progressive and Democrat platforms.

The murky spot is still the Middle East, and the dynamic there is rendered more challenging by the situation in Europe. I’d encourage everyone to watch the Oliver Stone interviews with Putin if only for the primer on the past few decades of Russian history. This is certainly provocative material, but now is the time to remain vigilant as rhetoric continues to escalate.

Continue reading “Weekly Update: Gold, Silver, Bitcoin – 06.24.2017”

Weekly Update: Gold, Silver, Bitcoin – 06.16.2017

gsb

Approximate spot prices

Gold: $1,250 per paper ounce
Silver: $16.70 per paper ounce
Bitcoin: $2,500 per coin

Another eventful week is in the books. In the last update I said that it was time to buckle up for the summer, and this week we had an even further escalation of tensions when a Bernie Sanders volunteer leftist opened fire on Congressional Republicans, critically wounding Steve Scalise. That American legislators were attacked while practicing baseball – the historical American pastime – has a noteworthiness about it that won’t soon go away. I’d expect this to linger in the consciousness of the nation for longer than other incidents primarily because of the higher profile of the targets. We’ll see if can last through the end of the month and still be toward the front page.

As always, we’re simultaneously seeing the media meltdown trend continue unabated. It’s on overdrive now with these Manchurians. Press on comrade! Down with Trump! No to fascism! Death to capitalism! Refugees welcome here! Racism! Sexism! Privilege! It’s all so laughably boring at this point that if it weren’t literally so dangerous a brainwashed ideology it could be eliminated from public discourse by laughter and rational conversation. However, that’s not what 2017 has for us.

Continue reading “Weekly Update: Gold, Silver, Bitcoin – 06.16.2017”

Weekly Update: Gold, Silver, Bitcoin – 06.09.2017

gsb

Approximate spot prices

Gold: $1,265 per paper ounce
Silver: $17.20 per paper ounce
Bitcoin: $2,800 per coin

Well what do we have here? Comey testimony, British elections, Qatar isolation, US macro data tanking, housing bubble, Putin laying down the law, students demanding segregation, CNN personalities dropping like flies, and so much more. It’s all a bit too much to keep track of in depth at this point, and since that’s presumably not what you’re here for I’ll just get to the point:

Buckle up for the summer.

It feels like even if things level out slightly that we’ll be looking at a different landscape when the fall comes around. Keep your eye on China, Russia, and Iran. North Korea has vanished from the top headlines, but of course they haven’t gone away.

There appears to be a consensus that the cryptocurrency explosion of 2017 is indicating that the clock is ticking down on the current fiat system. I’m looking for more opportunities like ZenGold and OneGram – cryptocurrencies backed by precious metals – to begin making waves.

Keep your cool and continue to accumulate.

Please let me know if you would like me to add ethereum to my coverage! Comment anywhere this article is seen or email me at amateursociety@gmail.com.

Continue reading “Weekly Update: Gold, Silver, Bitcoin – 06.09.2017”

Weekly Update: Gold, Silver, Bitcoin – 06.01.2017

gsb

Approximate spot prices

Gold: $1,270 per paper ounce
Silver: $17.30 per paper ounce
Bitcoin: $2,400 per coin

After taking a week off to celebrate my one year wedding anniversary, I’ve been chomping at the bit to get back to writing these weekly updates. If the spring has been any indication of what is to come, then summer and fall should contain more unexpected surprises as well as the potential for long-awaited events on the grand truth spectrum to begin rolling out.

These last weeks have been a whirlwind of media and happenstance, but the same trends and themes persist. The east continues to assemble Eurasian block partnerships to drive the institutions that are forming the backbone of the emerging multipolar world. Technology continues to develop unabated. The fundamental economies of the west continue to grind down. The sustainability of the dollar is becoming more questionable by the week.

A word of caution: avoid distraction as best you can. Yes, for the sake of the truth that will implode the systemically corrupt architecture, it is worth calling out the lunatic actions of Kathy Griffin, calling sponsors, and making your voice heard. Those things are indispensable, but don’t lose out on the big picture. Failure to do so will lead to being tossed about by each news cycle.

Manchester. Manila. Hannity. Assange. Griffin. Covfefe.

Seth Rich…

All of these aspects are important or at the very least interesting and informative, yet if we don’t make sure to prioritize our focus then our time and our opportunity will pass by. Do everything you can, but recognize that you can’t do everything. Focus on your priorities, and always keep in mind that they may need to be adjusted from time to time. This is a long, strange, and dangerous game. Be tactical and reserved. Only go all in at the moments that are absolutely necessary.

Follow the Lord. There’s no other way to see this maelstrom through without bitterness, anger, and frustration taking hold. This world is toxic. Continue to educate yourself.

Continue reading “Weekly Update: Gold, Silver, Bitcoin – 06.01.2017”

Weekly Update: Gold, Silver, Bitcoin – 05.22.2017

gsb

Approximate spot prices

Gold: $1,260 per paper ounce
Silver: $17.10 per paper ounce
Bitcoin: $2,200 per coin

Behold the whirlwind! The dollar has weakened back to the Trump election levels, cryptocurrencies have continued to skyrocket, and the geopolitical intrigue escalated once more. Will Seth Rich be outed as the WikiLeaks source inside the DNC? Would such a revelation put an end to the Trump-Russia narrative? There are many more eyes on this now than ever before, and it appears that the initial speculations about Rich’s murder last summer were on point. Many more questions have been raised that can best be explained by the theory that this was a retributive political hit rather than a botched robbery. Expect this story to reach feverish levels this week.

With President Trump in the Middle East and things heating up on the domestic side, it can be difficult to know what to pay attention to. The same deep state playbooks will be used, but this time with increased desperation. This brings the potential of false flags back into play. Will it be time to pull the plug? We know that people make poor decisions when under stress, and this applies even more so to evil people under stress. Batten down the hatches. It feels like this cycle isn’t going to go quietly into the night unless overtaken by even more dramatic events – distraction or otherwise.

Continue reading “Weekly Update: Gold, Silver, Bitcoin – 05.22.2017”

Weekly Update: Gold, Silver, Bitcoin – 05.12.2017

gsb

Approximate spot prices

Gold: $1,230 per paper ounce
Silver: $16.40 per paper ounce
Bitcoin: $1,700 per coin

Another wild week is in the books! Bitcoin – and other cryptocurrencies – roared to new heights before coming back a bit, the precious metals found some footing, FBI director Comey found his services were no longer required, and a massive global malware hack attack took place. So where do we stand?

For all that happened, it still seems like we’re right where we were before: behind the 8-ball in the final stages of an obsolete institutional structure that is bankrupt across all angles. Will we get the hard landing that many have been shouting for? I’m not so sure. Plenty of things that should have happened turned out to pass without anything more than a murmur, but sooner or later something will happen that simply cannot be ignored.

The primary themes are still all present, but the shifting sands of geopolitics should get more volatile. Don’t expect that to be reflected in asset prices. Accumulate real wealth and – even more importantly – real knowledge. Think, read, write, and speak. Seek God. Be courageous in the face of dramatic evil.

The unveiling will continue.

Continue reading “Weekly Update: Gold, Silver, Bitcoin – 05.12.2017”

Weekly Update: Gold, Silver, Bitcoin – 05.07.2017

gsb

Approximate spot prices

Gold: $1,230 per paper ounce
Silver: $16.40 per paper ounce
Bitcoin: $1,600 per coin

With the worm turning again across the globe, we are now a few steps closer to the new economic and geopolitical paradigm that will govern the 21st Century. The results of the French elections are in, and Le Pen did not pull off another Brexit/Trump moment for political nationalists. While this outcome was the consensus expectation, to see that France seems willing to hitch its wagon to a sinking ship is disappointing even if not altogether unexpected. Time for more of the same nonsense.

Keep on the lookout for more news about the issue with Canadian mortgage lenders. US auto and student loan debt are also conspicuous areas. Contagion is nasty and unpredictable. Bear Stearns was the biggest canary in the coal mine in 2008, so we’ll once again see if the damage from bad loans can be contained without any unintended consequences.

It won’t be long now… Or will it? Keep praying.

Continue reading “Weekly Update: Gold, Silver, Bitcoin – 05.07.2017”

Weekly Update: Gold, Silver, Bitcoin – 04.29.2017

gsb

Approximate spot prices

Gold: $1,265 per paper ounce
Silver: $17.20 per paper ounce
Bitcoin: $1,350 per coin

Please pardon my absence from the weekly updates this past week. I work as a private tutor in NYC, and this is my busiest time of year. It turns out that working seven days a week for a few weeks isn’t exactly conducive to writing. But I digress…

With the alarm bells ringing for World War III, all of the abysmal economic data coming out of the US, and even the dollar under pressure, you’d think that maybe – just maybe – with the metals poised for a breakout – that we might get some meaningful upside in a rational response to the current state of the world. Those of that mindset have been rather disappointed over the past two weeks to see the metals under pressure, particularly silver.

This system is temporary, but it has outlived its expected lifespan time and time again. We are witnessing a state of affairs around the world that I’d have to describe as utterly unintelligible. I don’t have any inside information, and even if I did evaluating a prospective timeline in detail would be a fool’s errand. How long can we continue with 7 day stopgap funding measures, nuclear threats, and market rigging?

I guess we’re about to find out.

Continue reading “Weekly Update: Gold, Silver, Bitcoin – 04.29.2017”