Peyman Askari Profile picture
May 17, 2023 16 tweets 9 min read Read on X
1/ THREAD

I've heard the saying "an ounce of gold would buy you a good suit in the 50's", but I'd never before seen that applied to a Roman toga 2,000 years ago 😂

This article definitely deserves a thread.

zerohedge.com/markets/von-gr…
2/

I think a better way to word this would be to say that @JoeBiden is intentionally destroying America, that the Afghanistan withdrawal & the Russian sanctions had predictable results, and that the weaponization of the financial system took off after 9/11 Image
3/

This prediction that a debt default is imminent was also echoed by @realDonaldTrump at his recent @CNN Town Hall event.

Image
4/

To me, a lay person, selling 'Treasury bonds' is a euphemism for 'taking out a loan', and, so, the US selling Treasury bonds to the @federalreserve is like me going to my father to ask for more money to spend on my drug addiction. Eventually the family is going to go broke. ImageImage
5/

I feel like a #CBDC is just a sneaky way for them to devalue the currency, sort of like what Lebanon did recently, but without risking a revolt from the people. The ability to track transactions, retire savings, and implement negative interest rates is simply gravy. Image
6/

I did not know this about the debt ceiling, but these toothless policies are my main concern with advocates of sovereign state banks. Yes a sovereign state can print its own money to finance public projects, but only a full gold standard can prevent reckless spending. Image
7/

I'm not a big fan of these predictions (we saw how wrong it was with Japan), but it's interesting how the author suggests that Russia's political system needs to be modernized before it can grow. Image
8/

I was not aware that the US banks were already on the verge of collapse in 2019 when #COVID rolled around. With every passing day I start to feel, more and more, like the lab leak at the Wuhan Institute was intentional.

Also, 'repo' is yet, another, euphemism for a 'loan'. ImageImage
9/

I hate this esoteric crap...

1. Gold is gold
2. Debt is what you owe
3. Derivatives & unfunded liabilities, I think, is what you will owe, like employee salaries Image
10/

It seems like one cannot talk about the US dollar without mentioning that, with the generous guidance of the @federalreserve, the US dollar has lost 99% of its value since 1913 Image
11/

Unlike fiat money which is trivially printed by central bankers, Gold is a rare element created millions of years ago in the supernovas of distant, dying stars. So it retains its purchasing power.

Bonus points for referencing a Roman toga 😂

Source: sbcgold.com/blog/how-is-go… Image
12/

Again, my question to sovereign state bank supporters, if you remove all barriers to printing and spending money, how will you stop the greed of men in government? Image
13/

I believe the process of holding gold as a reserve asset has already begun as the Bank for International Settlements (BIS) has elevated gold to a tier 1 status. The only country stupid enough to sell of their gold assets is actually Canada.

cbc.ca/news/business/… Image
14/

We've seen this already happen as some European countries are buying in Chinese Yuan. Granted the US was on this collision course after they aggressively used the financial system as a weapon, but @JoeBiden was the last nail in the coffin. And a big nail, at that. Image
15/

I think what the author is describing is the mechanism by which countries established inter-currency exchange rates in the past by first fixing their own currencies to gold, and using gold as the universal metric.

investopedia.com/ask/answers/09…. ImageImage
16/

Some good news for physical gold holders, the value of gold might skyrocket as it begins to be used as the primary global reserve asset. ImageImageImage

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Peyman Askari

Peyman Askari Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @PeymanAskari451

Jun 13
1/ THREAD

The @liberal_party is rushing through Bill C-70 which claims to be an espionage bill, but which targets protesting of government.

2/

First off, during the protests in Ottawa, there was an attempt to get the protestors under charges blocking critical infrastructure, like highways, which was one step below terrorism.
3/

After 4 years of covid where appointed judges stripped us of what we thought were God given rights, I don't want to give them any more power.

sencanada.ca/Content/Sen/Co…


Image
Image
Image
Read 18 tweets
May 11
1/ THREAD

Let's go over the BC Supreme Court decision concerning the issue of the reasonableness of Bonnie Henry's October 5, 2023 health orders and whether it was reasonable for her to maintain that we are still in a state of emergency for covid 19 as of that date.
2/

As per usual, the title page is completely incomprehensible. Image
3/

Looks like the suit was brought by terminated healthcare workers, or what we generally just refer to as 'terminated nurses'. Image
Read 49 tweets
Mar 29
1/ THREAD

It might seem comical when the left calls housing racist, but it's important to remember that these ideologues want to do away with private property.

c2cjournal.ca/2024/03/the-ho…
2/

The Office of Federal Housing Advocate (FHA) is talking about nationalization of housing, which is what the @bcndp are pushing for here in BC as well, but they are hiding behind the phrase 'low income housing'. Image
3/

The government destroys the economy, causing the rich to invest in land as a safe hedge, which drives up the cost of housing, which pisses off the poor, so the government regulates the rich until they, too, are poor. It's the socialism spiral. Image
Read 9 tweets
Mar 21
1/ THREAD

There's a lot of buzz around this @rcmpgrcpolice document that is warning about civil unrest in Canada in the next 5 years, so let's go straight to the source.

documentcloud.org/documents/2446…
2/

It's always a bad sign when an article uses leftist, globalists phraseology in its title Image
3/

These are the same @liberal_party talking points that were used in their community newspapers to downplay the effects of inflation

- Supply chain
- Russian invasion
- Inflation is a 'global phenomenon' Image
Read 16 tweets
Mar 11
1/ THREAD

I swore I would stop wasting my time analyzing the @liberal_party tyrannical bills, but @viraniarif's Bill C-63 is so disturbing that I couldn't resist.

parl.ca/DocumentViewer…
2/

I'm going to assume that the first two goals of this Act empower the government to go after its political opponents, and the third part turns social media companies into the surveillance arm of the state Image
3/

As a people, we look back and ask what our politicians were thinking when they introduced bad bills, like the 1917 War Income Tax Act. But here we see the growth of government power in real time. We ought to feel shame for what we are unleashing on future generations. Image
Read 25 tweets
Jun 3, 2023
1/ THREAD

Growing increasingly frustrated with the Trudeau administration's flagrant violation the practice of government, I decided to go back to the basics and look at the British North America Act of 1867 (BNA Act). Image
2/

Let's first go over the stages of statehood under the British Empire (ie. the 'Commonwealth').

1. Fort
2. Proprietary colony
3. Royal colony
4. Province
5. Dominion
6. Sovereign nation state
3/

With a Fort, you basically have foreigners coming in in search of goods like gold or fur, through a practice more often referred to as mercantilism.
Read 81 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

:(