Jim’s Quote of the Day:

“We have around six months left of trading in Western markets to protect ourselves or make enough money to offset future losses. Spend your time looking at the risks of custody, safekeeping, counterparty etc. Assume that no one and nothing is safe. After that……we put on our tin helmets and hide until the new system emerges. I wish I wish I could see another outcome with an equally high probability, but I can’t……All we can do is hope that I am wrong, but either way, a new system will emerge and it will open up a whole new set of …




Jim’s Quote of the Day:

“Know ye not that ye are the temple of God, and [that] the Spirit of God dwelleth in you? If any man defile the temple of God, him shall God destroy; for the temple of God is holy, which [temple] ye are. Let no man deceive himself. If any man among you seemeth to be wise in this world, let him become a fool, that he may be wise. For the wisdom of this world is foolishness with God. For it is written, He taketh the wise in their own craftiness. And again, The Lord knoweth the thoughts of the …




Jim’s Quote of the Day:

“The burden which Habakkuk the prophet did see. O LORD, how long shall I cry, and thou wilt not hear! [even] cry out unto thee [of] violence, and thou wilt not save! Why dost thou shew me iniquity, and cause [me] to behold grievance? for spoiling and violence [are] before me: and there are [that] raise up strife and contention. Therefore the law is slacked, and judgment doth never go forth: for the wicked doth compass about the righteous; therefore wrong judgment proceedeth. Behold ye among the heathen, and regard, and wonder marvellously: for [I] will work a work in …







Jim’s Quote of the Day:

"When the sturdy Roman plebeian, who lived by his own labor, who voted without reward according to his own convictions, and who with his fellows formed in war the terrible Roman legion, had been changed into an idle creature who craved nothing in life save the gratification of a thirst for vapid excitement, who was fed by the state, and directly or indirectly sold his vote to the highest bidder, then the end of the republic was at hand, and nothing could save it. The laws were the same as they had been, but the people behind the laws had …




Jim’s Quote of the Day:

"A dictator enjoys unrestrained power over the people. The legislative and judicial branches voluntarily cede this power or it’s taken by force. Most of the time, it’s given up easily, out of fear in time of war and civil disturbances, and with the support from the people, although the dictator will also accumulate more power with the use of force."  – Congressman Ron Paul




Jim’s Quote of the Day:

“We, in our rush toward God knows what, acquire, or spend our earthly span trying to acquire wealth, culture, fame, luxury, scientific efficiency—and more wealth. We surround ourselves with telephones, tickers, jazz, orchestras, subways, bootleg gin, dress clothes, taxicabs, motor parkways, science, glittering hotels, psychoanalysis, alarm clocks, forty thousand brands of phony religion, squawking movie palaces, nickel-in-the-slot divorce. We call it civilization. But we know darn well there’s something wrong with it.” – Charles F. Chapman, Editor of Motor Boating, magazine, excerpt from his commentary of March 1931, as quoted in the book The Legend of Chris-Craft by Jeffrey L. …










Jim’s Quote of the Day:

“But where shall wisdom be found? and where [is] the place of understanding? Man knoweth not the price thereof; neither is it found in the land of the living. The depth saith, It [is] not in me: and the sea saith, [It is] not with me. It cannot be gotten for gold, neither shall silver be weighed [for] the price thereof. It cannot be valued with the gold of Ophir, with the precious onyx, or the sapphire. The gold and the crystal cannot equal it: and the exchange of it [shall not be for] jewels of fine gold. No mention …










Jim’s Quote of the Day:

“I keep picturing a stranger from outer space. He lands on my farm and wants me to tell him about our world. I try to put the best face on things that I can, but he keeps going back to the monetary system: ‘You use what for money?’ I’m so embarrassed I want to dig a hole and crawl in.” – Franklin Sanders, in The Money Changer