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Important?

11/21/2014

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A poll says the average American's work week is now between 47 and 60 hours. As you know, it would be a lot less without Facebook.

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Jean-Claude van Damme’s Most Outrageous Quotes

Is there a Hollywood actor more a caricature of himself?  And yet JCVD remains one of the most real, fiercest action heroes in cinema history.  You may also know him as a guy who won a court case due to an earthquake, and that he's trained in classical ballet, but you probably don't think of the Muscles from Brussels as one of the most quotable actors to ever live. In fact, in response to his own nickname he said, "It's better than being called the idiot from Brussels." He once was said to have remarked, "You don't need a flash to photograph a rabbit that already has red eyes."

Who's to say if all of these quotes can be attributed directly to JCVD?  It may just be legend. Well, call us dreamers, but we—like the rest of the Internet, and Roger Ebert—like to believe they all originated from the man himself. 

1. "If you phone a psychic and she doesn't answer the phone before it rings, hang up."

2. "Showing myself nude from behind doesn't pose any problems, but from the front that's another story. I don't want to lose all my fans!"

3. "When I walk across my living room from my chimney to my window, it takes me 10 seconds, but for a bird it takes one second, and for oxygen zero seconds!"

4. "God gave me a great body and it's my duty to take care of my physical temple."

5. “Obviously I've taken drugs.”

6. “I am fascinated by air. If you remove the air from the sky, all the birds would fall to the ground. And all the planes, too.”

7. "I am the Fred Astaire of karate."

8. "Air is beautiful, yet you cannot see it. It's soft, yet you cannot touch it. Air is a little like my brain.”

9. "My body looks like 30 but my face looks like 50. But I cannot walk bare-chested in the streets."

10. "In the year 3,000, people are going to speak with sound waves. Don't think I'm crazy, the whales do it. Dolphins too."

11. “My last fight was more than 20 years ago. I'm not a fighter, I'm a lover. If somebody's going to speak bad about me, I will walk away. But if a guy like Steven Seagal slaps me once, I will slap him twice as hard. Life is full of violence."

12. "I now truly believe it is impossible for me to make a bad movie."

13. "If you work with a jackhammer during an earthquake, stop, otherwise you are working for nothing."

14. "What is a movie star? It is an illusion. It was everything I ever wanted to be, but it became a kind of shell, non?"

15. "A cookie has no soul, it's just a cookie. But before it was milk and eggs. And in eggs there's the potential for life."

16. "According to statistics, one person out of five is disturbed. If there are four people around you who seem normal, that's not good."

17. "I'm one of the most sensitive human beings on Earth—and I know it."

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In an effort to stop thieves from stealing naked photos from the cloud, I just posted mine up there.  That'll teach 'em.

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By the way, Apple's next big announcement that will make you regret buying a new phone last year is next Tuesday.

*.*

A British company is developing small computer chips that can store music in women's breasts.

This is considered a major breakthrough since women complain about men staring at their breasts and not listening to them.

Issue of the Times;
The Most Important Election You Haven’t Heard Of by Jason Scheurer 

In less than three weeks, the most important election of the year will take place in Switzerland, and you haven’t heard of it. While the U.S. focuses on the recent Republican victory, the financial markets are facing an earth-shaking event on November 30th.  This Swiss election seeks to challenge the paper currency (Fiat/Debt) system of the last forty years and possibly undermine the existing power structures of central banks across the globe by introducing the “Save Our Swiss Gold” initiative.

U.S. elections sway back and forth between Republicans and Democrats, but the monetary system never changes nor is ever up for any real debate. The monetary system of the whole world has been firmly in the hands of Keynesians’ ever since Nixon removed the convertibility of dollars and abandoned the Bretton Woods Agreement back in 1971. A positive Swiss vote would threaten this by once again providing the world with a choice between a hard (gold-backed) currency and fiat.

Up until recently, it was the Swiss who were the last holdouts against the Keynesian school of thought. Traditionally viewed as the last bastion of sensible monetary restraint, the Swiss succumbed to the siren call of “actively managed central banking” in September 2011, fixing their currency to the Euro under mounting European pressure.

Somehow, having what the world views as the strongest currency is a bad thing when everyone else is printing like crazy. It wasn’t so much the success of the Swiss currency during this Depression 2.0 but the failure of the rest of the world to restrain itself that lead to its appreciation.

Central bankers hate gold, or any hard currency restraint, because it limits their ability to tinker with the system (see FDR executive order 6102). On November 30th, Swiss voters will go to the polls to reassert their historical position of backing their country’s currency with gold, and possibly setting off a new revolution across the financial world by giving people a real choice.

Backed once again by physical gold, the Swiss public may be the first to finally say “enough” to the ongoing manipulation of the currency markets. No longer would governments be able to create limitless amounts of debt-backed currency without recourse. In response to the constant worldwide manipulations, Russia and China have been aggressively increasing their gold reserves over the last decade. Just recently, even ISIS decided that this is a smart choice as well.

This is a pinnacle moment in monetary history, not only for the Swiss who are reasserting their financial independence, but also for the whole world. What started as a referendum to return a tiny country of 8 million, with a GDP equal to New Jersey, to some semblance of financial sanity, may actually become the wake up call to the world to end the Keynesian delusion that the cure for everything is more debt. Cue the fat lady and the flying pigs.

The likes of Paul Krugman will probably kick and scream that the Swiss are making a poor decision by choosing to return to their fiscally conservative roots. He will be correct in asserting as much. It is a bad decision, but only for the rest of the world that wants to continue following along with a Ponzi economy.

If approved, the “Save Our Swiss Gold” initiative will force three very uncomfortable mandates on the Swiss National Bank and the rest of the Fiat world.

1.      The Swiss National Bank will NOT have the right to sell its gold reserves.

2.      The Swiss National Bank must hold at LEAST 20% of its total assets in gold.

3.      The gold of the Swiss National Bank must be stored PHYSICALLY in Switzerland.

Take a moment to read through these three mandates again. Should they pass, what you just read will upend the existing systems of business as usual. This is probably one of the greatest threats to the monetary establishment in years. Specifically though, it is a direct threat to the paper world of derivative trading that, by-and-large, trades at magnitudes greater than annual supply. This demand for physical delivery over cash (fiat) settlement could lead to exchange failures as the Swiss National Bank will have to purchase approximately 1,500 tons, or about 50% of the world’s current mining production, over the next five years. Meanwhile, for some strange reason, Germany has to wait until 2020 to get delivery of its own supply of minted gold, supposedly sitting under New York City.

It is important to note that before the Swiss Central Bank gave in to the Keynesians in the fall of 2011, gold was trading above $1,900 an ounce; since the “fix,” it has steadilyplummeted to below $1,200--all while global debt levels have skyrocketed. A positive vote may reverse this trend.

Financial markets are a lot like poker tables, where big stacks can push even the best players around. For a while now paper has trumped physical, but this referendum is the wildcard in the game. A Black Swan (or in this case, Gold Swan) event of this type may lay bare much of the shenanigans that have been going on in financial circles for some time now. It was only a short time ago that even suggesting that LIBOR/energy markets were being manipulated would have gotten you labeled as some kind of radical; that is, until the truth came out, and the subsequent lawsuits. Many have been wondering for years now about gold and precious metal manipulation, and this election may bring that truth to light. Global players may finally be forced to show their hands, rather than settle with cash.

The Swiss currently hold about 8% of their reserves in physical form. This is down from 43% back in 1999 when they began selling it off at decade-low prices along with the British. And as recently as 2009, it was 18%. Where is all of this gold going to come from, and will the markets around the world be able to make good on delivery when such a large buyer is made public? This standing order may provide a floor on the recently falling gold market, but more importantly, it may just undermine worldwide currencies.

For those unfamiliar with Swiss elections, the law prohibits TV and radio advertising by individuals or special interest groups to ensure that these people-driven issues are spread and debated about by word-of-mouth, not by multimillion-dollar ad buys, like they are here in America. Issues like abortion, minimum wage, and infrastructure projects are routinely decided upon directly by the people of Switzerland, not in backroom deals by politicians. This election will be free from what many describe as outside influence.

Swiss voters are hoping to soon decide the fate of their own currency. If they are successful, and recent polling data suggests they will be, they will remove control of their currency from the hands of the experts who sold off the bulk of their gold reserves at prices between $300-$500 an ounce over the last decade and a half. The once bitten, twice shy Swiss hold the fate of future monetary policy in their hands with their upcoming vote--the repercussions of which will be felt all across the globe if they vote YES..

For the outsiders, the real fun will come in the next few weeks while we watch these same Swiss government officials try to explain why restoring a sound currency, that served them very well for hundreds of years, is now a very bad idea. Their answers will likely provide fodder for Swiss laugh tracks for years. Stay tuned.

Quote of the Times;
"I have noticed that even people who claim everything is predetermined and that we can do nothing to change it, look before they cross the road." - Hawking

Link of the Times;
http://www.dailycollapsereport.com/economic-collapse/21-facts-that-prove-that-government-dependence-is-out-of-control-in-america/


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1 Comment
Sumit link
5/27/2017 01:56:58 am

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