A couple of days ago, in the comments section, I mentioned the documentary End of the Road, which I watched again yesterday. In 2014 Tim Delmastro, one of the documentary’s producers—an artist—kindly sent me the DVD as a gift when the documentary could only be seen by buyers.
Not long ago I said that Mein Kampf and the book by Bernal Díaz, one of the conquerors of the Aztec Empire, were marred by the prolixity of that pair of books and that ideally they should be abridged.
A fundamental part of literary art is to write as compactly, clearly and didactically as possible; and I believe that both Mein Kampf and The True History of the Conquest of New Spain, a first-person narrative written in 1568 should, under the supervision of an accomplished artist, be abridged.
Well: in less than an hour End of the Road presents the POV of the Austrian school economists in such a way that a layman can perfectly understand it! Economics is not an esoteric subject. It is a relatively simple subject that only becomes convoluted if one only has, as a source of information, conventional economists (i.e., those who fail to predict any currency crash).
The End of the Road interviewees are the economic equivalent of Jared Taylor’s race realism compared to the pseudoscientific anthropology taught in Western universities. In fact, in 2025 the ‘Big Boys’ of the financial world have already begun to buy tons of gold. Too bad I, in the Third World, lack the resources to get at least couple of coins but those who, like the racialists of the First World, are presumed to be dissidents of the system should start to do so.
4 replies on “An artist”
I’m doing my hardest to begin following James Rickards advice from p. 300 of the Death of Money :
I’d add in foreign currencies (I assume he means Bitcoin by alternative currencies, which I think just as bad, if not useless, and definitely in the final stages of some kind of speculative bubble, along with AI – I can’t see it having any value); collectable goods like wines or rare consumer items, plus surplus food/seeds as a tradable resource. And some form of defensive weaponry, definitely. I’d say to keep away from platinum and palladium, seeing the electric vehicle market won’t adequately get off the ground due to energy devolution, but copper might be okay as a tertiary metal investment. That’s what I’ve mulled over at least. I’d say even slightly more gold.
Thank you for the documentary. It’s very enjoyable. What worries me is the first part of something Rickards wrote earlier:
I suppose one would have to find adequate hiding places. I certainly don’t think vault storage is a good idea. If it’s not in personal possession, it’s not safe.
Finally, he recommends that one preliminary warning sign of impending economic collapse is that:
I hope this is of interest.
Thank you. James Rickards has some videos on YouTube. Although I own the book you mention, I’ll now see what he’s saying about the gold panic today.
There’s a channel called Financial Wisdom on YouTube that seems good. Rickards was posted 6 days ago, suggesting the gold frenzy will start once gold passed $3000/oz. Ray Dalio has one today explaining how useless (fiat) money will be in the next crisis, showing that the debt cycle will end in 2025, and suggesting flaws in crypto. Thanks again for the vid. I must remember to stop saying ‘money’ when I mean currency.
Another way of saying things is to call paper money (or your bank account numbers) ‘credit’, as Alasdair Macleod does throughout a recent interview linked below.
I’m not as big a fan of Rickards as I am of your fellow countryman, Macleod, who also appears in Tim Delmastro’s documentary. The recent interview is so good I listened to it twice, and it confirms what you say about Bitcoin.
The racial right’s infatuation with crypto currencies still surprises me. See what Macleod says about Bitcoin from this moment…