Clif High - Fed's shoveling that shit

Dec. 20, 2023 - Clif High

29:20

Fed's shoveling that shit

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	Hello humans, hello humans.
	Just about noon, heading back out to the coast, outward bound.
	Got all my chores done.
	And I can get ready for the tree removals tomorrow.
	Well, they're just dropping the trees tomorrow and chopping them up, and then we'll get the um uh removal next week.
	So things are are moving right along for the extension on the house.
	Anyway, um wanted to talk about uh specie, right?
	Money, cryptos, all of that gold and stuff.
	So I had a you know, I got a real issue with Joe, he's a nice guy.
	This is uh J Snip 4.
	Um, but he had this dream and he thinks it's prophetic, and so he sold all of his cryptos at 38 when Bitcoin hit 38,000.
	And um just just like recently, that this is a while back, like a couple of weeks ago, that Joe sold.
	Anyway, uh just recently, we've had uh indicators out of the officialdom that we're about to get into one of those um big pumps, okay, uh for the cryptos.
	So, in my opinion, uh J Snip is gonna miss out on all of this, right?
	Uh let me see if I can okay.
	So there are these people that do this uh kind of charting when they try and predict uh where uh uh coins are gonna go and they use these candles and reference marks and all of that.
	And within that group of the chartists, there is these people that are uh a subset of that that are waivers, okay, and they think that there's a particular wave formation that goes through currency and stuff.
	And you can see these waves uh in hindsight, right?
	It's a it's kind of an issue to pick them out ahead of time, but if you're pretty good, you probably can.
	Anyway, one of these groups had contacted me.
	I've been talking to them, and just the other day I got an email and they'd sent me this uh chart thing that they had which showed that if Bitcoin held it would that it would it was gonna bounce along in their opinion, it was gonna bounce along in the in the 41 to 43,000
	for a couple of days, maybe a week or so, and then it was gonna go um way up, and it was the next time it would have any kind of a a pullback was when it was about um when it was over 87,000.
	And they had this number, it's like 87,000 I want to say 819 or something, right?
	And it's just the this number that shows up in their chart when you run the chart out and and look, it's like oh okay, that's what it should be when it reaches this particular point.
	So 87,000, and then it'll have a pullback.
	They're expecting that pullback might uh go down to uh as low as um the upper 50s, so from 87,000 they think it might go down, uh you know, might lose down to 57,000, so a big correction at that point.
	Then they think there's gonna be this next big leg up that will take a bitcoin over a hundred thousand.
	So that's how these these uh chartists see the progression of it.
	And uh, you know, it's like wow, you know, Joe sold at the wrong fucking time if these guys are correct, right?
	He's relying on his dream, and that's fine.
	Um, you know, but uh you know his dream guy should have been a little bit more accurate relative to numbers and comm in convinced him don't sell until Bitcoin is at 88,000, right?
	Something like that.
	Anyway, um coincidentally with the chartists, so like two days after the Chartist guy sent me the email, uh, we start getting into the indicators that the um uh the Fed is going to, you know,
	the Fed does their little meeting, the Federal Reserve Bank, which is not part of the federal government, has no reserves and is not a bank, uh, comes on out and um and uh says, well, we're gonna, you know, uh reduce our we're gonna have three uh reductions next year, so they're giving guidance for next year.
	Well, all right, so this is part of what we were expecting.
	The people that follow the Fed and all of that.
	We expected them to do this, and I expected at some point they would Have to, as a result of the inflation that they are creating, they would have to do some form of a um flood the system with money in order to try to buy votes uh for the communist uh Biden regime, right?
	And so that's what they're trying to do.
	They're trying to forgive student debt so that oh Biden's such a good guy, he forgived all of these, you know, this student debt on me, right?
	That kind of thing.
	Um you know, basically trying to buy votes.
	Uh anyway, so when they do this, uh it's not going to be sufficient for them to simply lower rates.
	That'll provide a big pop.
	There's no question about that.
	But they are going to have to do something uh to uh provide uh more flow, more volume and more speed of the of the Federal Reserve note, aka the dollar, the petrodollar, through the system because we're just not using it as much, people aren't buying as much, you know, that it's not a big boom time, everybody knows we're in a recession, and all these other reasons, they're gonna have to do this.
	And so now we're seeing some of the indications of how they intend to do it.
	Uh, it's gonna be a combination of the uh lowering of the rates uh and even more than that, setting the expectation for the lowering of the rates.
	Okay, so they're telling you basically right now, we know that the system is fucked, we know that it's coming apart at the seams, and we're gonna try and save it.
	Uh, and that starting next year, we'll try and save it by these mechanisms.
	And then at this point, they're also doing the uh raising of the federal minimum wage.
	Now, they're not raising the federal minimum wage to give everybody a raise, okay?
	They're raising it because they've diluted the money that much that in order to keep the system afloat, to keep all these people at the lower end of the um uh economic strata afloat, they must raise the rates or raise the um the minimum wage just to accommodate this.
	Now, of course, that has a ripple on effect, right?
	It causes big problems for the um uh all the businesses who have to now raise all of their prices in order to be able to pay for these new minimum wages, and so that's gonna force the inflation into particular um like avenues, right?
	So they're forcing inflation into the price of goods uh by uh causing an inflationary pressure within uh the cost of labor.
	And so are the result of this though, all right.
	So there's one more factor to this.
	Not only they're going to um uh reduce the rates at the Fed level, not only are they going to uh forgive student loans and forgive as much fucking debt as they can.
	I will not be surprised to see them start forgiving mortgages.
	Okay, I'm not shitting you guys, they're gonna forgive mortgages.
	Now, the reason they're gonna do that is because in the process of forgiving that mortgage, they seize the property.
	You just don't recognize that, okay.
	Anyway, it's not like you're not gonna make house payments, but they're gonna forgive some aspect of the debt, they're gonna lower the interest rate on it, something to get you that that what you think of is a pop and you know, more specie flowing through your hands.
	They're desperate to raise the uh speed of transactions within the United States because they've slowed down to the critical point where if they slow just a little tiny bit more, uh, we're into a major recess or a major depression.
	And we're gonna have that depression no matter what, they can't help it, it's the end of the system, they're just doing everything they can to prolong it a few more days, you know, give them a few more days of grace, uh, blah blah blah.
	So one of the things they will do is a they're going to attempt to flood the system.
	Probably they'll do something weird.
	Okay, maybe they'll say, okay, uh, you know, I I don't know how they're gonna do it, but they'll try and get cash in the hands of the people that are in the lower third of the strata uh of the economy.
	Um, and it'll be more than simply uh raising the minimum wage.
	There'll be some kind of a handout from the federal government.
	This'll likely come in probably February or March.
	Uh it's gonna be that that dire for them that they'll have to do something at that at that time.
	The and anyway, though, so the impact of all of this, all of this stuff that's happening right now, is supportive of these these uh wave guys, the chartists that use the waves.
	Because we're seeing that the federal government is going to shove the Fed and the federal government, the Biden regime, is going to shove vast quantities of Federal Reserve notes into the hands of everybody they possibly can here in the United States.
	In so doing, uh they are going to push cryptos through the fucking roof.
	Because a lot of people will see the panic in these moves, even if they really don't understand economic stuff and so on, they will start becoming really antsy, really anxious about uh what's going on, and uh they will start converting a lot of these uh newly um pimped out dollars, uh newly created dollars are gonna go into cryptos and gold and silver as well.
	Um so we're gonna see a big uh support for rising crypto prices uh within the actions of the federal government.
	And I suspect that that support is starting already with this pre-announcement, right?
	Because they're managing the expectation they've caused uh certain things to already occur in the stock markets uh because of these expectations that they're managing them and the way they're doing it, and so um they will have um this impact uh it's already activated, they'll have to shovel in little bits of of stuff uh as we go along.
	Um, but they're going to have to try.
	Their goal is to try and create a raging fire in the economy for the lead-in to next year's election, right?
	Um whether we have it or not is immaterial, they they they are going to act as though we're going to have it, and they're their the regime is going to take the this approach basically to forestall revolution.
	Every time you get into one of these major uh depressions, we have revolution.
	So in the um uh early 1900s, right after they started the Federal Reserve, we almost had a revolution, right?
	In the night in the um uh the depression of 1914, and they actually had uh hundreds of thousands of of uh people that had been in the military at that stage preparing to march on Washington DC.
	That was in 1914.
	And we go and we do this again in 19 um 1718, where we've got uh difficult economic conditions, then we get the uh the roaring 20s here because they the Federal Reserve was trying to compensate for what was going on globally uh with the uh uh failure of the Reichmark, which at that point was one of the primary reserve currencies.
	Anyway, though, so here we are.
	Uh we're right on the cusp of a major run-up uh over the course of this next year due to these circumstances, right?
	Due to the fact that they're um pumping the uh fiat money, creating more fiat uh as fast as they fucking can, and then also doing everything they can to get it into circulation so it will be spent, and um a lot of people are wising up and they're gonna put it into cryptos as soon as they get it.
	Uh so we're getting this pump-up effect that's going to, in my opinion, the the government's going to have to drive that all through next year and keep it going as long as they possibly can to get anything like any kind of traction that they that they may uh with the communist party um candidate, whoever the fuck that is.
	We we know it won't be Biden.
	Obama is just sick of that fool and he's getting rid of it.
	Anyway, though, uh so they're pimping for a civil war, all of these kind of things is just not gonna happen the way that the power elite want it to happen.
	And personally, I think that it would be really kind of cool to have the restraints come off of the population, because in my opinion, once we got into any kind of a generalized armament Walking around kind of shooting war, civil war thing.
	That there's gonna be squads of people that go on out and eliminate and kill uh you know all of the the elite.
	They're gonna try and they're gonna track down any of the elite, anybody that they think is an elite globalist in this country, and they will assassinate them under the cover of a civil war.
	And they'll probably you know blame it on one side or the other, it doesn't matter.
	This is like a third force that's gonna go on out and do their own house cleaning, and um so I can't, you know, I think that the power elite are really worried about that, and um they're you know, this is the whole uh zunker bunker thing, uh Zucker bunker in Hawaii, right?
	These fuckers are worried about the population not liking them and acting on that.
	So um we're seeing it all the hellen gone uh on the elitists, and then there's a lot that are really stupid.
	The elitist and the second tier, the ones that are just being used, that the you really don't know what's going on, they're sort of the normie Satanists, you know.
	Anyway, uh those people are gonna just be slaughtered, they have no fucking clue.
	Um so it's gonna be kind of interesting.
	I actually don't think we're gonna get to a civil war uh as much as uh Obama and these people want to push it.
	Uh I just don't think it's gonna happen because they don't really grasp where we're at.
	Um in terms of the the emotional tenor of the um uh population, our tone is um not as they perceive it.
	Anyway, um, so we'll get a big pop in the cryptos, uh, get a big pop in gold and silver uh as we go forward here.
	Uh we know that the um scenario that Joe thinks his uh dreams came out with, where we had six dollar silver and you know, I don't know, maybe it was $20 gold or something, uh whatever it was.
	Uh we know that that's not gonna happen.
	Uh, because uh Costco sold a hundred million dollars worth of gold, or they sell out within hours whenever they have gold available to be purchased, and they have to limit the uh sale of it to one per person.
	There's that much demand.
	Um, so now the only way that we could get those kind of prices that that Joe's talking about, uh that his dream told him.
	Now, bear in mind, I don't think his dream's prophetic.
	I don't think his dream has any merit to it whatsoever, uh, relative to predicting the future.
	Because, you know, ultimately, yeah, we were gonna get to 38,000 no matter what, relative to Bitcoin.
	Uh, the fact that Joe sold, that's kind of weird, but anyway, uh, but we won't get to those dollars for gold and silver, um, unless we go back to a constitutional money, uh, which would be a gold and silver money,
	in which case, um uh $6 an ounce silver doesn't even make sense then under under those circumstances because there's 375 or 371 grains of uh silver um to a silver dollar, and at a constitutional level, uh the support, uh it would maybe hold uh a six dollar value for silver.
	Um and I I think let me see.
	That would be maybe we'd get down to uh under constitutional money.
	Uh I I don't know, I couldn't project what Bitcoin would be under a constitutional money that was convertible to gold and silver.
	But the only way that we could get that would be the collapse of the federal government and the reinstitution of a constitutional republic, uh, in which case all the bets are off.
	We wouldn't have a stock market as you know it now because all those stocks are bogus, they're rehypothecated, you know, a thousand times to one.
	Uh nobody's ever getting the shares of the stock, they only get it uh put into an account in their name.
	Um, and it's a giant Ponzi scheme.
	And so that that's gonna collapse under constitutional money.
	Uh so much would collapse under constitutional money that Joe would never ever ever have the opportunity to purchase cryptos at at those low prices where they would escalate to the prices that they're getting now.
	The only reason we have these prices on current on cryptocurrencies now is because the money is shit.
	The currency is not worth any fucking thing.
	Um just saw a mill I'm gonna have to go and talk to that got some good prices on lumber.
	Anyway, um so it's a juxtaposition.
	If you're gonna have uh very high dollar values for cryptos, you're gonna have to have a very weak currency.
	If you have a very strong currency, you're never gonna have high dollar values for cryptos.
	So you might buy, you know, um XRP, I think is gonna crap out.
	I think XRP is a bunch of shit, and it only has uh bankers as its customers, and as the banks crash, which they're doing now, more and more of those potential customers and active customers for XRP are dropping out.
	Two of the banks that were part of the uh XRP ripple consortium uh are folding, right?
	They're they're being bought out and collapsing, so there's not a lot of strength in that.
	But let's just say that XRP continued, and at that point, I don't know what he's gonna was thinking of buying it at, you know, two cents or or six cents or something.
	But say that you bought XRP after all this stuff and silver was six dollars uh uh an ounce and you bought your XRP at two cents.
	Well, you know, at that level, constitutional money, you don't have inflation, right?
	You don't have inflation coming in and um pumping up things, you don't have the kind of markets we have now.
	So if XRP is purchased at two cents, it might well be 30 years before you got XRP up to five cents absent inflation because it's a valuation thing, right?
	Unless XRP added value, causing people to want to buy it, there's no reason for it to rise in price when the money is stable and is backed by gold and silver.
	So you see, in my my problem with all of Joe's dream stuff is that there's no um rational scenario that would support these divergent aspects of what came in there.
	This is one of the reasons I don't, you know, I'd never trust my own dreams as as any form of prophecy.
	Also, there's this thing, okay.
	So if you have a stake in the game, your dreams will delude you.
	If you have an emotional attachment to whatever is the outcome in there, your dreams are there to help you work out that emotional attachment.
	They're not there to tell you the future, right?
	And this idea of spirit coming down and telling you the future in your dreams.
	Well, you know, that's kind of in my opinion, that's the same level of shit as Bo Pole, saying, Oh, you know, it's the Daniel timeline, right?
	And he's working off all these this weird math and all this uh stuff from deliberately raw uh badly translated uh material.
	So the people that translated and created the Bible that Bo is working off of wanted to deceive people when they did that.
	And Bo thinks this is the legit word of his god, that's very much akin to uh Joe thinking that this dream uh is valid uh even though it has to be interpreted, okay, even though he has to look at it and say this means this and this means that and that means that, and your mind will always lie to you.
	This is like the the thing that the RV guys understand.
	Your mind will supply to you what it it thinks you want to hear, and so you so if you have an emotional attachment, so asking for a dream is preloading yourself by saying, in my opinion, it it's preloading yourself to these emotional states that when you go to sleep will trick your mind or will have your mind trick your consciousness by coming up with this shit, because in my opinion, Joe's dream is full of shit.
	Obviously, it is not the scenario.
	Obviously, so far there is no crash.
	Yes, there probably will be a crash, but it's gonna be a crack up boom, which means that we're gonna see the stock market go through the fucking roof.
	It'll be going through the fucking roof with digits, and uh, and these digits are based a hundred percent on deflating money.
	Um, and we're gonna have inflation within the the uh numbers, and it's gonna be meaningless relative to the stock market because it's a crack up boom.
	Um, in my opinion, this crack up boom will um do a 1920s style uh pump up of the stock market, but now we also have cryptocurrencies and gold and um silver and and the currency will flow there in increasing amounts to the point that that starts becoming an embarrassment uh for the Federal Reserve and the powers that be the establishment,
	and these guys are gonna go really fucking crazy.
	So I'm not I I think that before the Biden regime is over, they will probably come up with some form, it won't be a law because they won't be able to get it through the house, but some kind of regulations and stuff on censorship to where they will try and put you in jail for saying their money is worthless, for saying that um you know the Biden regime is corrupt and crooked and all of that.
	We're coming to this point where the communists around Biden are gonna have to start really hardening up and showing themselves a little bit more fiercely uh as we go forward.
	Now it's all gonna fail, uh, but it's gonna be a really interesting year as this shit fails uh around us, fails in front of our our face, right?
	So the thing to do is to prep, you know, you gotta get the stuff you need while you have currency that is still effective in purchasing, even if it's shit for purchasing, you still have to do it.
	So now, because it's shit for purchasing, you've got to make uh really hard decisions as to where to put this dying dollar in terms of your labor getting you money to buy stuff, right?
	Because now you're gonna understand that.
	Oh, look, the currency is deflating.
	That is to say, we have inflation in the numbers and deflation in the purchasing um power of our currency, and it's doing it at such a rate, such a huge, fantastically fast rate, um, that I get my paycheck now.
	I'd better run out and buy the food now while I can buy those few more calories for those few more uh dollars because 30 days from now it'll be less calories for the same amount of dollars, and that's meaningful because you need calories to keep your body alive.
	So, anyway, um I I doubt we'll get we're well, we're not gonna get hundred thousand dollar Bitcoin uh parties this year, but it really looks like it's on for next year.
	Also, really looks like maybe at the the time that we get into that crash before we get to constitutional money, which we will head there, but before we do that, we'll hit that six hundred dollar per ounce on silver, and again, you won't want to live in that world, it's just gonna be too chaotic and everything's gonna be too expensive, nothing's gonna work, we're gonna have hyper novelty in the sense that there's no authority anywhere, and so on and so on and so on, right?
	It's just gonna really pile on and cause all kinds of problems.
	Um in the world that creates the $600 silver, and that will exist briefly.
	Okay, so $600 silver is not gonna be a in perpetuity, it's not gonna be a multi-year thing, right?
	It might only be four or five months that it's at that level, and then we go back to a constitutional money.
	At the point that we go back to a constitutional money, I could see um six dollars for an ounce of silver, no problem, but it'll be that way for 20 or 30 years.
	Bear in mind, okay.
	So, prior to oh, all right, for those periods of time that the USA had uh no central bank, so before the Fed and after the second bank of the US, okay.
	So, between the the Civil War and the um existence of the Fed, uh we had uh no inflation.
	In fact, at one what no, and that's not true.
	We actually had a little tiny bit of inflation when they found vast quantities of gold up in Alaska, okay.
	Uh, but uh we actually had deflation um with increasing productivity.
	So as Ford came out and started making uh assembly line stuff, things started getting cheaper.
	You could get more value for your dollars.
	This did not sit well with the bankers.
	That's why they started coming up with the um their scheme to put the Federal Reserve in place.
	They need that inflation in order to be able to print the fake money and bribe people, uh, you know, so that they can steal babies and eat them.
	That kind of thing.
	Anyway, we're probably gonna see um Bitcoin crossing a hundred thousand dollars uh, in my opinion, uh before fall of next year.
	And uh, but again, that's not good, it's an indication of how bad the fucking money is.
	And I'm dealing with these issues now as I try and uh you know deal with my housing problems here, and uh running into the uh into the sporadic and erratic uh inflationary rates and various different kinds of material.
	It's just really bizarre.
	Anyway, guys, I I gotta go and do some stuff.
	I've got another stop here, and uh I'll make another one of these later.
	I don't know if we're gonna be doing any next week.
	Uh it's Christmas, I've got to do some stuff on Christmas Day in the following couple of days, and uh maybe we'll get our stumps removed that Thursday or Friday of next week.
	I don't know, uh, when we can get the equipment in here, then we can actually get started building.
	Okay, anyway.
	Take care, guys.
	Uh have a happy no L. Right?
	There's no fucking L. Uh, at least not my area.
	And uh it's like haha, you know, fuck the Elohim.
	Uh, you know, if I knew there was an Elohim around here and I had the opportunity, I'd put a bullet in its head.
	Uh just saying, you know, and it's also like, no, not gonna be dealing with observant Jews anymore.
	If you're an Elohim worshipper, you know, you're not my buddy.
	In my opinion, you're my enemy.

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