Aberhound

Watch Celsius Network as they have promised this feature in 2021. I have been using Celsius to fund the kids university with good result. You can open multiple amounts and the trust came from a will so should be valid tax wise. You can easily borrow at low rates so you can better time the tax events or use leverage. Interest rates are far better than outside crypto thanks to the much faster velocity of money allowing the team to earn high returns to pay the high rates. They are profitable and use no leverage so I consider it safer than any institution using leverage as we approach the Minsky moment.

Did any other board members get into CEL tokens this year? In March I realized that the impact of Covid would cause a financial debt crisis then a Monetary system crisis as massive debts would be added and GDP would contract in an already over indebted economy. As Hayek says governments will have a choice of a severe downturn or collapsing the monetary system. So I asked myself, as people increasingly lose confidence where in a fiat system would they feel safe holding their wealth? Eventually confidence in central banks and governments will collapse triggering the crises. Anyone using leverage will suffer. I discovered Celsius Network run by Alex Mashinsky. He has created a company designed to replace banks. They pay 80% of revenues to depositors. Assets have grown over 7 fold this year to from $450M to $3.3B. As the assets have grown they become increasingly profitable as the same number of people can earn more in the business of secured lending of assets. They are the ones lending BTC to many institutions for arbitrage etc.. Celsius uses no leverage so will be a major beneficiary of the collapse in confidence. Most of the value accrues to CEL token holders although shareholders benefit indirectly by holding almost half of the CEL tokens. Anyone invested has made 10 to 40 fold returns this year. Next year likely will be significantly better as you have the 4 year BTC cycle summer period overlaid on a company growing rapidly and starting to rise up the early adopter phase. It will be interesting to see the two cycles overlay in BTC winter. Which will predominate? Celsius Network constantly buys CEL tokens to pay the weekly interest due to depositors. They buy most dips which has prevented whale attack price manipulation. Celsius is in the early adopter phase of the S curve of technological adoption with 93,694 active wallets. Celsius publishes most pertinent data, much of it real time and has been increasing transparency. Their business model is simple and has been fully explained and only slightly varied. Alex explains it as "doing well by doing well for others" which is very close to Adam Smith's "invisible hand". Capitalism would have much broader support if more CEOs emulate Alex Mashinsky. Alex teaches prudent saving in his weekly AMAs. Anyone following his advice will no longer be poor no matter whether they can save $10 or $10,000. 93% of Celsians HODL their CEL due to strong incentives. If you earn in CEL and include compound gains your returns are 30 to 60% APR on crypto deposits during BTC spring and summer. In BTC winter probably switch to stablecoins including stablecoin gold where you can earn 4 to 5% interest on gold deposits. The have paid $161 million in interest on crypto deposits and no one is close. They are already big enough that they already have the first mover advantage locked in where they get the best deals with the least risk. By the end of next year they likely will be the biggest BTC miners in the US. For most people holding assets with Celsius is likely much safer for themselves and their heirs than holding the assets themselves in hardware wallets. For those who believe that "no key means no crypto" ask yourself if the returns are sufficient to offset the risk of someone else holding your key and what will happen if you die? At least with Celsius your executor can retrieve your deposits with a copy of the will, a death certificate and depending on jurisdiction probate, much like bank deposits. The Celsius approach is what will bring millions into cryptocurrencies which is one of Alex's goals. He is one of the best CEOs who I predict will be the fastest to create a trillion dollar increase in value for investors and depositors.

I did not see this option on the owners manual and I remember we used to be able to order the street form of certificates. This would be a great service for Berkshire to offer to better protect us all from derivative and other risks arising from leverage used by brokerages. I want to own shares directly on the company's share register without any middle man. I do not want to own any shares held at brokerages while we await the monetary crisis combined with a financial crisis as central banks transition to central bank digital currencies. Has anyone done this or do many have the same thoughts?

I suggest he comes forward with a convertible preferred share deal for Boeing as he wears the flag. Meanwhile he tells the government that the financing is conditional on letting Boeing use its Ion engines. It is a good time to crush your competitors.

Ionized water as coronavirus is a water borne disease and I like to keep my cell voltage high by staying hydrated and energized. Pretty good for cancer prevention I suspect as well. If I get infected I have my anti-virals ready namely chaga tea and rosemary tincture. Rosemary has a compound which is #3 on the list of 32,000 most effective anti-virals. Perhaps you should all be making rosemary and chaga tinctures with your beverates of choice which will be the modern version of nordic snaps. For instance you might add liquorice root, a great coronavirus antiviral, to make it tastier. Perhaps use this swedish recipe with some additions then come up with a recipe which is both effective and tasty: "In neighboring Sweden, snaps can be made from either aquavit or vodka and infused with a variety of herbs, spices and botanicals—fennel, cardamom, anise, caraway and coriander being the most common—or even fruits and berries."

Oh great. Now Jon Rappaport looks at the tests for the so-called coronavirus and finds them problematic. "Reading through CDC literature, I believe the two most prevalent US testing methods are: antibody, and PCR. Antibody tests are notorious for cross-reactions. This means factors in no way relevant to a given virus can make the test read positive. In that case, the patient would be falsely told he "has the coronavirus." But it gets worse. Traditionally, antibody tests reading positive were taken as a good sign for the patient: his immune system had contacted a germ and defeated it. Then, starting in 1984, the science was turned upside down: a positive test was, astoundingly, taken to mean the patient was ill or would soon become ill. The PCR test (which requires excellent technicians who will not make any number of possible mistakes) takes a tissue sample from a patient which might contain a tiny virus particle(s) much too small to be observed---and blows it up many times, so it can be seen. However, the test says nothing reliable about HOW MUCH virus is in the patient's body. Why is that important? Because millions and millions of replicating virus in the body are necessary to even begin talking about actual illness. A positive PCR test, nevertheless, will be taken to mean the patient "has the epidemic disease." ---An even deeper issue: where is the PRIOR PROOF that the PCR is testing for a virus that actually causes disease?"

I suggest everyone listen carefully to the arguments of the founder of Celsius Network. He has lots of interviews and every one I listened to was interesting. He is the guy that launched VOIP and now he wants to do the same for banking. One point that struck me as being a critical insight was his statement that if you want crypto to rise in value, you have to move your money from JP Morgan to our bank. As he explains, at JP Morgan they are making money on your money so you get the risk and they get the profits. Everyone is doing this so the 0.01% get most of the wealth with all its implications for society. But if the masses go with Celsius Network and unbank themselves, then 80% of the profit earned from them holding your money at your risk goes back to the average guy who deposits his nickels. Consequently his nickels will turn into dollars as crypto by restricted supply has to rise in value to match adoption and the wealth of society becomes far more equal. Civil war or socialist revolution or worse are avoided. He is right of course. If you doubt that the money system is the cause of all wars and all ills in society read the short 46 page booklet by Ezra Pound, one of the best writers in the English language, about Roosevelt and the cause of WW2. The cause he ways is what he calls our Usurocracy. You can find it for free download on archive.org. I downloaded it and sent it to my kindle. This founder is a genius. To me it seems that the founder created Celsius Network for this purpose. He seems motivated, selfless and sincere. If this rings true for others then soon it will be a movement. As soon as people get this simple argument there are going to be a lot of people acting like all those Tesla owners that want everyone else to buy Teslas to save the world. Celsius Network may prove to be the "killer app" like "Word" and "Excel" were the killer apps which made the personal computer what it is today.

Also positive today while GLD and 10-year treasury are down. Could it simply be that Bitcoin is simply in an uptrend and not have anything to do with Coronavirus or Iranian tensions? On this note, Bitcoin obviously didn't behave much like the other safe Haven's through 2018 either. I think it's a mistake to think of it as akin to holding gold or treasuries. With those you expect NEGATIVE correlation with equities in a downturn. Rather, I'd expect Bitcoin's correlation with equities AND safe haven assets to be fairly close to zero in both healthy and unhealthy economic environments. BTC and the rest are up for 3 reasons. First it is a safe haven asset now like Treasuries going up during uncertainty. Just look at the track record. Second, it is now possible that coronavirus will end globalization and migration will end even internal migration. Who will use bills if the virus survives on surfaces for 9 days. Who will go into public? Yes the sun will save us this year as it cuts virus survival dramatically. But will we have summer flu considering the outbreaks in tropical places? (Although many Chinese people avoid the sun). EU is already incredibly weak and now this? Sovereign default, bank failures and bail-ins cannot be ruled out. It does not matter if the coronavirus is a real scare. Jon Rappaport makes an interesting argument that it is another false narrative. Who knows? All I see is a madness of crowds. Animal spirits could drive crypto incredibly in this environment. Third, crypto is being accelerated by leverage and the opportunity to earn up to 10% interest yet borrow as low as 3.5%. Consider Tezos, ETH and now Litecoin. On Litecoin you can earn 10% interest. See Cred and Litecoin foundation. You can borrow with crypto security at less than 5% now. See Celsius Network. On Celsius 80% of interest paid back to lenders. Super efficient compared to banks where they pay 1% and charge you 25%. Banks cannot compete with their legacy overhead and debt loads. EU sovereign debt is double doomed now for this reason along with China's economy and migration now being frozen due to the coronavirus. Think how much EU depends on tourism. And what use is the belt and road initiative if you can hardly use it? Bail-ins will impoverish anyone who fails to get into crypto. US will boom due to capital concentration and sanity. This capital concentration in US and Canada is a glorious opportunity to borrow on real estate at low rates then invest in crypto. US and Canadian banks will do fine. So you can borrow Canadian dollars at 3% and buy Tezos, then stake and earn 6% with almost no risk as all you do is stake, for instance, on the Kraken exchange. What happens when Tezos is used to tokenize real estate and you get the liquidity of selling tokens? Mortgage risk and borrowing risk drop significantly as you could sell portions of your property in tokens. If this occurs Tezos tokens will escalate in value with demand as supply is limited and real estate becomes a liquid easily trade-able asset. Come on. Have you ever seen such an asymmetric opportunity? The implication is obvious why would you hold fiat? Dump fiat buy certain crypto, lend at up to 10% buy more. Repeat. Obviously Litecoin price will escalate as more abandon fiat and join in. With BTC you can earn almost 9% on Celsius and then use the interest tokens to pay for a loan which costs 3.5% interest (they keep the risk low by requiring security of double or four times the crypto as security with more security giving a lower rate). Say you buy Litecoin then earn 10%. Litecoin of course will go up dramatically. Finally watch ETH and DEFI. $1B loaned already. To borrow you post ETH as security. So the supply of trade-able ETH is now dropping every day and at an accelerating rate and they plan to reduce the inflation rate to zero. Consider how a whale attack will trigger the automatic sales under the smart contracts which will cause further ETH sales. So ETH price will be on an upward channel with lots of buying opportunities. This bubble is going to be way bigger than the 2017 bubble due to leverage and because it will be double propelled because of the weakening fiat. Fiat will weaken if the collapsing supply chains due to coronavirus caused cost-push inflation. What do you expect central banks to do when they are faced with banks whose interest rate derivatives too often are betting on continued low interest rates? How long before banks have to admit "mark to model" was always a phoney premise? CBs only have one tool. They will print to buy sovereign debt until Hayek's instability hypothesis comes true. Why else are all CBs now working feverishly on crypto? Perhaps when the banks collapse and the governments default they will issue sovereign crypto to restore stability. They have to allow the existing crypto system in the meantime because otherwise the collapse would be too harsh. The discrimination favouring CB crypto to take over the existing crypto infrastructure will take time so in the meantime we have an exceptional opportunity because of this black swan. Just don't forget to move your crypto profits into tangible assets before the "Empire Fights Back".

Get some good olive oil and an ozone generator. Bubble the ozone into the olive oil. This seems to prevent the harshness on the lungs some people complain about. The ozone will remove the smell from the air. In Vancouver as you walked about in the past you could often smell ozone coming from garages, but almost never the cannabis grow ops. Houses are expensive in my neighbourhood. After a few weeks the olive oil looks white coloured and translucent. Put it in a jar in the fridge. It will heal almost anything on the skin thanks to the high oxygen. Anyone living in Australia can do the same and remove the smoke from the air. If you smell smoke you need more ozone. If you smell ozone or freshness you have enough. Everyone in the parts of the country with forests which might burn like the whole west coast should do the same. Further, in cities oxygen levels are too low causing illness and cancer over time.

Three developments: 1. Congress is told that Libra is critical to US dominance of the blockchain space which is a breakthrough technology - crypto does not budge 2. Xi gives speech saying blockchain is a breakthrough technology and China must dominate - Bitcoin rises 41% and shows who has more influence 3. yesterday ZeroHedge article points out the risks to bank deposits due to bail in and says there are $17T bank deposits in the US. Presumably similar in EU. What if 10% moves into crypto? If banks are no longer safe there will be sudden mass adoption in crypto. The result will be BTC $100K. I find psychologically dollar cost averaging is the best way to deal with the volatility. I am comfortable with volatility if the trend is up long term with higher lows. Obviously you can buy more on lows but I find it is difficult to do. Those that put 10% into crypto early will gain the most. The derivatives mean that many banks are already swimming naked. The models obviously will be shown useless when counterparties fail and sudden massive recapitalization will be required. The longer they are bailed out by QE the worse the pain will be because QE does not fix anything it only keeps zombies alive and erodes the economic structure by preventing capital from being allocated to better uses. It is the banks preventing the US from dominating the new system and the blockchain is a technological revolution waiting to be exploited. And yes it means the end of the current banking model. The countries that get this first will suffer least. Suck it up and deal with the pain then move to the new system. Felix Somary's book from 1951 predicted this derivative problem and said that the desire of the bankers to make return without risk would destroy capitalism. If capitalism ends remember that it was the bankers greed that did it. I think Crypto is Satoshi Nakamoto's aka Alan Greenspan's attempt to save capitalism by preventing the collapse of trust caused the banks as Somary predicted by creating a system based on an NSA paper that creates trust by its inherent design. That is why it is a breakthrough. There are not many other people with the brains, wisdom and who are known to read everything and the position to implement this saviour. If not Greenspan there could also be a Jack Ryan type character in US military intelligence. Accordingly, buying crypto is how we all can contribute to saving capitalism. The other choice starts with a ruthless dictatorship and ends in atrocities like cannibalism. We all know it but do not like to think about it. As Thatcher says the problem with socialism is that eventually you run out of other people's money. Likewise all tyrannies in history have collapsed badly.

In BC I don't get back one nickel. What the governments do here is call the money rebates then take away money they already gave out. Then the government changed from Liberals to NDP and the NDP changed the rebates to target their supporters. What is really happening is that they take $100 dollars, take back half for their fat pensions and allowances which no one else gets, then gives out the other half mostly to their supporters. If they pay out more they just give the illusion by cutting rebates somewhere else. The previous government used the alleged problem to to take $50B from BC hydro. Think of it, a company with lots of dams giving cheap power which dams are fully depreciated. How do they lose money? Simple sign secret contracts to buy power at 15 to 25 cents and sell it for about 8. The law in BC is that only fools make contracts with princes which means governments cannot bind future governments. Why didn't the new government cancel these stupid contracts? Because they want in on the game themselves.This results in building a new dam for $10B when they could generate the same power for less than $1B by installing more and better turbines on existing dams. One bridge that was going to cost $10B was cancelled and now they will likely build a tunnell. All they are doing is changing who gets paid off.

So far climate change has been within natural variability. I prefer to call it natural variability because that more accurately describes what we have been experiencing. Since the sun is driven by changes in aether flux density and this drives everything else we are not in a position to accurately predict. All we can say is that based on the current aether flux density the sun is moving into a cooling period. This is based on the recent model which has been back tested to a 97% accuracy. I am doubtful of the accuracy of that prediction based on back testing as the current aether flux density seems to have changed significantly. Considering that the solar spectrum has shifted to more UV we can infer that something caused the change. I argue that the change is caused by a change in the aether flux density as the heliosphere moved into a new region of the galaxy with less dust. A changed solar spectrum could be that the atmosphere thinned meaning less filtering of UV to lower frequencies but if you check pressure at sea level there is little change. The increased water vapour should reduce not increase UV and certainly the increased volcanism we experienced in the northern pacific this summer creating orange skies in BC at sunset is a natural UV filter so there were no forest fires this year unlike the previous two. The shifted UV spectrum has predictable effects. In the ocean we can predict a cooling effect driven by UV light dumping more energy at the surface. This increases ocean evaporation which is cooling and decreases infrared radiation warming the depths. This will tend to cause the oceans to cool decreasing the amount of carbon dioxide in the atmosphere. But at the same time we will experience more apparent heat in summer as the increased UV warms our skins more like all surfaces are now warmed more, especially metals. This increases the heat island effect in cities. But deep baking of the rocks, for instance of the Canadian shield, is reduced as there is less infrared so Ontario now gets warmer days but cooler nights which most Ontario residences have prayed for in past sweltering summers. The increased UV considerably increases the risk of forest fires. We have also experienced considerable solar dimming due to the geoengineering efforts dumping coal fly ash into the atmosphere. The seems to have abated in Vancouver and we have enjoyed the return of more normal looking weather to the most part. The spraying certainly changed the refraction index of light which was easily seen in the more frequent sun dogs. This cooled the surface and dessicated the air while increasing the severity of storms by ionizing the air. The aluminum in the coal fly ash is a fire accelerant and in our acid forest soils weakens or kills trees by decreasing uptake of phosphates both of which made the forest fires much worse than they needed to be. I wish they would spray fulvic acid instead and thereby detoxify the land and build the soil while also dramatically increasing the drought tolerance of trees. What we need is more climate resilience which calls for better soils not worse so there are less droughts and floods as the better soils absorb far more water. Most of the human caused carbon dioxide release has be caused by degradation of the soil caused by NPK fertilizer. NPK fertilizer gives a false illusion of fertility by breaking down soil rapidly which degrades it. The fertilizer also kills worms which build soil and glyphosate and other poisons kill soil building bacteria. The soil is largely comprised of carbon dioxide from the air which is then released as the soil degrades. There is more carbon dioxide in the soil than there is in all the plants and trees and all the air. The NPK fertilizer also destroys much of the nutritive benefit of the food grown so here we have the cheapest way of solving the so called carbon dioxide problem. Simply stop using NPK and use worms and compost instead. Perhaps we will have less food but more nutrition. We might even get the benefit of increased intelligence instead of idiocracy. We need more animals on the grassland, not less but managed better so that the the grass gets more heavily manured but given more rest to grow deeper roots. Alan Savory explains this well. More carbon dioxide has been beneficial to plants and to human health and is likely the cause of most of the increase in human longevity. If carbon dioxide drops below 200 ppm photosynthesis stops so that is the risk we must avoid most. The earth has natural cycles which keeps the temperature from running away into catastrophe. Perhaps all stars and planets are conscious like Gurdjieff and other mystics say as there seems to be a control mechanism keeping things stable. This is evidenced by the beauty we see in the galaxy instead of the entropy predicted by the godless scientists. Scientists only have access to a tiny part of the spectrum and can only predict based on what they measure. They would do better to observe and copy nature. More humility and a better understanding of the mysteries of nature would be a better approach than the wasteful second rate methods used to date. And we would all benefit by trying to be more like Tesla who seemed to get outside help from elsewhere. Tesla himself had no idea where his inventiveness came from but certainly he was more spiritual than most of us. Give us all good food and good water for 50 years, get spiritual then ask for help and I bet we have any problem licked in ways we have not yet anticipated.

And maybe the hellholes reported in LA, San Francisco and Seattle in this article will divert some demand back to Vancouver: https://www.zerohedge.com/news/2019-04-17/san-francisco-los-angeles-seattle-3-formerly-beautiful-west-coast-cities-have

With US facing challenges from Russia and China (plus mysterious others?) and with the new secret funding system discussed on Solari report I suggest the top recipients of US government contracts: https://en.wikipedia.org/wiki/Top_100_Contractors_of_the_U.S._federal_government I wonder if Lockheed Martin #1 and Boeing #2 will finally be allowed to deploy their Ion engines used on the B2. Why not? It is hardly a secret anymore and it would be embarrassing if the Chinese or Russian deploy it first and take market share from Boeing and Airbus. I wonder if the Max 8 was designed for a better engine and Boeing was forced to use an obsolete turbofan creating a pig that flies. The period of lack of real competition is ending so hopefully we will find out what goodies the US military industrial complex has been hiding in the closet for the last 80 years after the $28 Trillion+ unaccounted for spending well described and documented on Solari.com.

Interestingly Armstrong's model shows rises in the Vancouver market in 2020 and 2022 similar to the fall in 2018 and gives the green light for purchases in those years. I wonder what the model is picking up? Capital flight from the financial crises elsewhere? Much colder winters in eastern Canada with continuing improvement in our winters? It has rarely been as sunny and pleasant as last winter (I'm Vancouver born) and my garden and grass is loving it. As I see the chart isn't it a prediction of the influx of wealth being generated in Asia because of the Silk Road offset by stupid policies light the 20% foreign buyers tax etc.? Vancouver is an Asian friendly city with the attraction of clean air and water and abundant nature so will continue to be a magnet so long as the governments do not get too greedy or too stupid.